Reverse Mortgage
Home Equity Conversion Mortgages, more
commonly known as reverse mortgages, allow senior homeowners age 62 and older to
convert home equity into monthly payments or a line of credit.The mortgage is
"reverse" because instead of the homeowner making payments on the loan, the
payment stream flows from the lender to the homeowner.
Homeowners 62 and older currently living in a home with no mortgage or a small remaining mortgage balance are eligible to participate in FHA's reverse mortgage program. For a list of preferred lenders that can do reverse mortgages, email us at roballeyrealtor@gmail.com
Rob Alley, Realtor at RE/MAX Assured Properties
434-220-7133
roballeyrealtor@gmail.com
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Forest Lakes Real Estate and Community Information
Homeowners 62 and older currently living in a home with no mortgage or a small remaining mortgage balance are eligible to participate in FHA's reverse mortgage program. For a list of preferred lenders that can do reverse mortgages, email us at roballeyrealtor@gmail.com
Rob Alley, Realtor at RE/MAX Assured Properties
434-220-7133
roballeyrealtor@gmail.com
Search MLS Listings and Homes for Sale
Forest Lakes Real Estate and Community Information
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