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TOP 10 REASONS
FOR A REVERSE MORTGAGE
Senior Funding Group provides the Top 10 Reasons For A Reverse Mortgage. Reverse Mortgages can prevent foreclosure, mounting debt, and improve the quality of life.
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Mary & Joe Clark-
Sarasota, Fla.
"We selected Senior Funding because they showed us how to get cash out now and not affect our retirement. They saved us!"
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Bill & Jane Smith
Melville, NY.
"We selected Senior Funding because they showed us how to get cash out now and not affect our retirement. They saved us!"
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BANK CANNOT TAKE THE HOUSE
With a reverse mortgage, the borrower retains title throughout the life of the reverse mortgage. Borrower cannot be forced out of the home as long as the property taxes and insurance are paid.
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BORROWER CANNOT OWE MORE THAN THE HOME VALUE
Due to built-in safeguards, the borrower or his estate can never owe more than the value of the home upon repayment. In addition, the HECM product are insured by the Federal Housing Administration.
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AGES 62 AND OVER
Homeowners 62 and older can convert the equity in their homes into cash. Enjoy retirement while the bank makes payments directly to you!
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NO CHANGE OF OWNERSHIP
While a reverse mortgage loan is outstanding, you continue to own the home and hold title to it. You will NEVER give up your ownership in your home!
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