Reverse Mortgage Key Benefits
There are many key benefits when you are considering a Reverse Mortgage. In fact, there are many more than those listed below. Every homeowner in Tampa, it’s surrounding areas and throughout the state of Florida is different and have different needs and desires. We felt the benefits listed are the most common attributes that most, if not all experience with a Reverse Mortgage. Contact us for more key benefits and we will be happy to provide you with additional insight.
- Pay off current mortgage eliminating monthly payment
- Help supplement retirement income
- Help pay for medical expenses
- Tap into home equity now for unforeseen emergencies later
- You retain title and home ownership until you either pass away, sell the home or move
- Does not affect Social Security or Medicare Benefits
- Leverage equity towards other investments
- Help pay for grand kids college tuition
- Can help those currently in foreclosure or Bankruptcy making up back payments as well as paying off the mortgage and saving the home
- It is based on home equity ONLY. Credit and income are not a factor
- Government Insured. Absolutely No Risk to the Borrower
- Available in Fixed Rate, Adjustable Rate, Lump Sum, Equity Line or Monthly Installments
- Contact Green House Mortgage for many more tips and benefits
Ready to get started? Download our PDF Mortgage Application, fill it out and forward to us via fax or email. Or you can contact us directly and we can take your application by phone.