The World has become a more expensive place to live and since we are living longer than our past generations, you will be able to retire comfortably with a Reverse Mortgage from American Financial.
Make your investment work for you by turning your extra value into cash. You have worked hard all your life to build equity in our home and it is time to enjoy the benefits.
To qualify for a reverse mortgage, you and or your spouse must be at least 62 years of age.
Depending on how old you are will determine the amount of equity needed for a Reverse Mortgage, which will ultimately determine the maximum loan amount allowed by the Reverse Mortgage Lender.
A Reverse Mortgage is a first trust deed loan in which the Lender will make your monthly interest payments for as long as you and or your spouse shall live.
To qualify for a Reverse Mortgage, property taxes, and fire insurance are the only monthly housing debts a borrower will continue to pay for. Often, social security income will cover these costs to qualify for a reverse mortgage.
A Reverse Mortgage is a loan that allows you to access money in your home and use the remaining funds as you wish.
The Cash Out from a Reverse Mortgage can be used for more than one purpose like property maintenance, fuel, medical bills and paying off high interest credit card debt. The money is yours to do what you wish.
Elderly Homeowners can convert their home equity into cash without having to give up ownership of their homes.
Most of our lives we are told it is best to pay off your home mortgage debt, but your home is your investment as well. There is nothing wrong with cashing out on your investment so that you may remain in your home the rest of your life.
If living in your home gives you peace of mind and joy, then take advantage of your retirement knowing you will be able to live the remaining years of your life without ever having to make another mortgage payment.
A Reverse Mortgage is a loan that allows you to access money in your home and use the remaining funds as you wish.
The Cash Out from a Reverse Mortgage can be used for more than one purpose like property maintenance, fuel, medical bills and paying off high interest credit card debt. The money is yours to do what you wish.
Elderly Homeowners can convert their home equity into cash without having to give up ownership of their homes.
Most of our lives we are told it is best to pay off your home mortgage debt, but your home is your investment as well. There is nothing wrong with cashing out on your investment so that you may remain in your home the rest of your life.
If living in your home gives you peace of mind and joy, then take advantage of your retirement knowing you will be able to live the remaining years of your life without ever having to make another mortgage payment.