Reverse Mortgage Loans
REVERSE MORTGAGE LOANS BLISSFUL MORTGAGE
If you get a reverse mortgage of any kind, you get a loan in which you borrow against the equity in your home. You keep the title to your home. Instead of paying monthly mortgage payments, though, you get an advance on part of your home equity. The money you get usually is not taxable, and it generally won’t affect your Social Security or Medicare benefits. When the last surviving borrower dies, sells the home, or no longer lives in the home as a principal residence, the loan has to be repaid. In certain situations, a non-borrowing spouse may be able to remain in the home. Here are some things to consider about reverse mortgages:
Purchase and Refinance Eligible of Primary Residence
Borrower must be at least 62 years old at closing
1-4 Unit Properties
HUD approved reverse mortgage counseling required at the beginning of the application
No Debt to income ratio requirements
Equity allowed to be tapped into up to 80% of appraised value.
FLORIDA MORTGAGE BROKER/LENDER SPECIALIST. REVERSE MORTGAGE LOANS SERVICE SPECIALIZED LOCATIONS
FLORIDA REVERSE MORTGAGE HOME LOANS specializing in the these ares. Panama City Beach, Panama City, Pensacola, Milton, Gulf Breeze, Navarre Beach, Perdido Key, Fort Walton Beach, Defuniak Springs, Destin, Niceville, Miramar Beach, Vernon, Chipley, Santa Rosa Beach, 30A, Mexico Beach, Marianna, Tallahassee, Port St Joe, Perry, Live Oak, Lake City, Jacksonville, St Augustine, Starke, Gainesville, Crystal River, Homosassa, Palatka, Palm Coast, Ormond Beach, Daytona Beach, Ocala, Inverness, Deland, Port Orange, Leesburg, Spring Hill, Orlando, Deltona, Dade City, Kissimmee, Titusville, The Villages, Clearwater, Lakeland, Haines City, Winter Haven, Melbourne, Palm Bay, St Petersburg, Tampa, Bartow, Bradenton, Sarasota, Vero Beach, Ft Pierce, Port St Lucie, Cape Coral, Ft Myers, Jupiter, Palm Beach Gardens, Wellington, Delray Beach, Boca Raton, Coral Springs, Pompano Beach, Ft Lauderdale, Hollywood, Miami, Naples, Marco Island, Key Largo, Islamorada, Marathon, Big Pine Key, Key West, Port Charlotte, Punta Gorda, Northpoint, Plant City, Lehigh Acres, Florida. MORTGAGE LOANS for the whole state of FLORIDA.
ALABAMA MORTGAGE BROKER/LENDER SPECIALIST. REVERSE MORTGAGE HOME LOANS SERVICE SPECIALIZED LOCATIONS
ALABAMA REVERSE MORTGAGE HOME LOANS Gulf Shores AL, Orange Beach AL, Foley AL, Fort Morgan AL, Dauphin Island Al, Fairhope AL, Daphne AL, Spanish Fort AL, Dothan Al, Montgomery Al, Auburn Al, Clanton Al, Alabaster Al, Prattville Al, Trussville Al, Phenix City Al, Columbus Al, Tuscaloosa Al, Birmingham Al, Huntsville Al, Decatur Al, Guntersville Al, REVERSE MORTGAGE MORTGAGE LOANS for the whole state of ALABAMA. We are the MORTGAGE HOME LOANS specialist for ALABAMA.