Reverse Mortgages can be a powerful retirement tool!
WHAT IS A REVERSE MORTGAGE?
It’s a senior only home loan that turns your equity into CASH YOU CAN USE. Depending on your circumstances, it may also result in lasting financial peace of mind. Read more about how this program works.
DO YOU QUALIFY FOR A REVERSE?
If you are homeowner, 62 or older with a positive equity balance and would like to know more about the loan qualifications or specifications, PLEASE CONTACT US AT (888) 200-4902 or click here to learn more!
WHAT ARE THE ADVANTAGES?
- Does not require a Monthly Mortgage Payment
- Easier to qualify for than other loans
- Generally, no impact on social security or medicare benefits (may effect supplemental SSI)
- Reverse mortgage payments are considered loan proceeds and not income.
CALIFORNIA SENIORS GET STARTED TODAY SEE HOW MUCH YOU MAY QUALIFY FOR
Important Disclosure
- Borrowers remain responsible for property taxes, hazard insurance and home maintenance. Failure to pay these amounts may result in the loss of the home.
- Charges are assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees
- The loan balance grows over time and interest is charged on the outstanding balance
- At the conclusion of a reverse mortgage, the borrower or their estate must repay the loan. If no other proceeds are available, the home may need to be sold to repay the loan
- Interest on a reverse mortgage is not tax-deductible until the borrower makes partial or full re-payment.
- By utilizing any forms on this website that request a phone number you authorize HighTechLending doing business as American Senior to contact me even if the telephone number provided is currently listed on a corporate, state, and/or federal Do-Not-Call list(s). I understand that I am not required to give my consent as a condition of purchasing any goods or services from HighTechLending doing business as American Senior. I may revoke my consent at any time by contacting sbatick@americansenior.com. I understand that messaging and data rates may apply.
This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA).
CALL (800) 413-4099
Steven Michael Batick II – NMLS #1379065
Mortgage Loan Originator
2030 Main St. #500, Irvine CA 92614
sbatick@americansenior.com
HighTechLending, Inc., NMLS #7147 An Equal Housing Opportunity Lender, DBA American Senior, Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Licensed in CA #4130937, Colorado – Regulated by the Division of Real Estate. 2030 Main Street, Suite #500, Irvine, CA 92614.
NMLS Consumer Access: www.nmlsconsumeraccess.org