Reverse Mortgage Loans in Rancho Cucamonga 91730
Reverse Mortgage Refinance and Reverse for Purchase serving Rancho Cucamonga, Ca 91730
Are you wondering if you qualify or have questions about Reverse Mortgage? Looking for a local Reverse Mortgage specialist? We offer in person Reverse Mortgage consultation at your home or at our office, the choice is yours. Call us today at (800) 564-6413 and find out the benefits of reverse mortgage refinance or how to purchase a new home with a Reverse.
- You must own your Home.
- You must be 62 years or older.
- No more mortgage payments
- Your home does not need to be paid off
1-800-564-6413
Susana Rhoades nmls #760390 Ed Gilland nmls #1127181
Empire Financial nmls #171818
8010 Haven Ave
Rancho Cucamonga, Ca 91730
Is a Home Equity Conversion Mortgage right for you?
You have been investing in your home for years and, it’s probably your most valuable and important asset.
When you reach you’re latter years, the question of whether you will remain in that home, downsize, right size, or sell your property, inevitably is a topic of discussion. So are considerations such as your desired lifestyle and cash flow, and if there are any other investments or assets you may have. You may find yourself wondering, “Is there any way that my home can contribute to my desired lifestyle and improve my cash flow situation? “Or, you may be navigating these same questions with an elder loved one who is in your care.
There is a way, it is called a reverse mortgage and it allows you to access the locked up cash in your home, without requiring a monthly mortgage payment or need to sell your home. The homeowner always maintains ownership and control of the home and the loan is repaid via the proceeds of the home being sold upon your death, or if you decide to sell it. The loan also must be repaid if the home is no longer your primary residence. Reverse mortgages are available to homeowners ages 62 and up.
And, with recently updated protections effective In 2014 and 2015 for spouses and homeowners reverse mortgages are becoming an increasingly popular way for seniors to remain in their homes and receive needed supplemental income
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