Reverse
Mortgage...
Also known as HECM, a reverse
mortgage can
be just the ticket to free up the money it takes to really enjoy your
"Golden Years". HECM stands for Home Equity Conversion
Mortgage. The money can be taken in a lump sum or paid out over
time. No repayment is due while you and or your spouse continue to live
in the home as your primary residence.
Our mortgage originators have
decades of experience between them. We know how to facilitate a Reverse
Mortgage and what the best course of action is. We will be your
personal financial advisor though-out this complicated process. Our
employees are experienced, trustworthy and knowledgeable
in the mortgage industry.
Click
Here To Send Us A Short Inquiry Form.
Are you 62 or older? Do you
have equity in your home? Do you have a need for extra money for ANY
reason, vacation, medical or remodeling, etc? If you answered yes, an
FHA-insured reverse mortgage may be for you.
Below is some criteria for an
FHA-Insured Reverse Mortgage.
Borrower Criteria:
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62 years of age or older.
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Your home must be your primary
residence
-
You must own the home.
-
You must participate in a counseling
session approved by FHA.
Reverse Mortgage Loan Amount Based on:
-
The age of the youngest borrower.
-
Appraised value or the FHA insurance
limit, which ever is less.
-
Current market interest rate.
An FHA-Insured Reverse Mortgage has other benefits as well, for instance
-
No income or credit qualifications are
required of the borrower!!!
-
No payments are due on this
reverse mortgage as long as it's your primary residence!!!
-
No Closing costs!!! All costs may be financed in the
mortgage!!!
Come visit us
on beautiful Mt. Washington.
We are located at:
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1301 Grandview Ave.
-
Suite 100
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Pittsburgh, PA 15211
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Phone: 412-390-3530
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Fax: 412-390-3535
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Directions
To Our Office.
We are
licensed by the PA Department of Banking.
In Good Standing With The
BBB