Reverse Mortgage At A Glance


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Borrower Requirements:

  • Must be at least 62 years of age
  • Must live in the home as a Primary Residence
  • Must have Equity in your home

 

Facts:reverse_graphic

  • No Income Qualification
  • No Payments
  • Loan proceeds are Tax-Free
  • Borrowers Retain Title to the Property
  • No Restrictions on Use of Funds
  • Guaranteed No Debt Left to Heirs or Estate

 

Benefits:

  • Supplement Income
  • Hire In-Home care
  • Buy a Car
  • Update Your Home
  • Eliminate a Car Payment
  • Stay in Your Home For Life

The Reverse Mortgage At A Glance

Borrower Requirements:

·         Must be at least 62 years of age

·         Must live in the home as a Primary Residence

·         Must have Equity in your home

Facts:

·         No Income Qualification

·         No Payments

·         Loan proceeds are Tax-Free

·         Borrowers Retain Title to the Property

·         No Restrictions on Use of Funds

·         Guaranteed No Debt Left to Heirs or Estate

Benefits:

·         Supplement Income

·         Hire In-Home care

·         Buy a Car

·         Update Your Home

·         Eliminate a Car Payment

·         Stay in Your Home For Life

Robert Hanson

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Bob Hanson is an experienced Mortgage Specialist with over 25 years both in the Real Estate and Mortgage industry...   Read More

Phone: (303) 717-0010

Contact me Today

CO License #:     100023613
NMLS License #: 254682

Visit DORA to verify the status of my license

Universal Lending Corporation
Corporate Offices

6775 E. Evans Avenue
Denver, CO 80224
Phone:  (800) 758-4063
Local:    (303) 758-4969

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