MetLife Inc.

Are you looking for a local, experienced, and professional reverse mortgage specialist? .

Homeowners who are at least 62 years of age and occupy the property as their principal residence can use a reverse mortgage loan proceeds for any purpose they choose. No repayment is due as long as you or one of the borrowers continues to live in the house, keep the taxes and insurance current, and maintain the property to FHA standards.

The home must be owned free and clear or have a…

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Are you looking for a local, experienced, and professional reverse mortgage specialist? .

Homeowners who are at least 62 years of age and occupy the property as their principal residence can use a reverse mortgage loan proceeds for any purpose they choose. No repayment is due as long as you or one of the borrowers continues to live in the house, keep the taxes and insurance current, and maintain the property to FHA standards.

The home must be owned free and clear or have a small remaining balance that can be paid off with the reverse mortgage.
No income, employment or credit requirements are required.

Loan proceeds are not considered income and will not affect Social Security or Medicare benefits.

Some of the tax free money options are lump sum advances making funds immediately available, tenure plans providing fixed, monthly advances or a line of credit that makes funds available upon request.

Eligible properties include single-family homes, condominiums and townhomes, or a 2-4 unit dwelling.

Please call Dru Bocek today for more information. Categories:   Real Estate Loans

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