Is A Reverse Mortgage Right For You?
Reverse Mortgages provide seniors with funds for financial freedom during retirement, without a monthly payment burden, as long as you live in your home. You can choose a lump sum cash payout, a line of credit with no monthly payment, monthly income or a combination of all three. But, unlike a traditional mortgage, there are no monthly mortgage payments and the proceeds you receive are tax-free. Best of all, you retain ownership of your home and can live there as long as you choose.
Reverse Mortgage Benefits:
- Tax-free income for as long as your live in your home
- No loan repayment for as long as you live in your home
- No income, medical or credit requirements
- Guaranteed ownership of your home for life as your primary residence; as long as you maintain your home; pay the taxes and insurance
- Use the funds you receive however you want; no restrictions
- A tax-advantagd way to pass on part of your estate today
If you are 62 years of age or older and live in your home, you many qualify. There is no income qualification.
Free Reverse Mortgage Quote and Analysis
Next Generation Financial Services will provide you with a no-cost, no-obligation, Free Reverse Mortgage quote. We will only need basic information about you and your property and will be able to offer an instant estimate and analysis regarding a Reverse Mortgage.
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