The loan that sends
you a check every month!!!!
Reverse Mortgages are
Home Made Money
· You qualify for a Reverse Mortgage if the youngest homeowner is at least age 62. Living trust OK.
· No income or credit requirements.
· You may continue to receive income, and defer repayment, for as long as you live at home - no matter how long that may be. (Your loan does not have to be repaid until after you permanently leave your home.)
· Take your tax free money as a lump sum, or monthly payments or line of credit (or a combination of these).
· Unrestricted use of money. (Travel, pay debts, travel, remodel your home, travel, fund a hobby, pay to church or charity, send a child or grandchild to college, take a cruise, etc.)
· Does not affect status for Social Security or Medicare.
· You have no personal liability. (You or your heirs - even if the loan grows to more than value.)
· You retain full ownership and control of your home.
Have questions? Need to investigate further?
Call or Click John Barnes, MBA 503-906-8991
jbarnes@cmortgage.net
www.myreversemortgage.net
Columbia Mortgage, LLC
6830 SW Atlanta St., Ste 200, Portland, OR 97223 |