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Reverse Mortgage | Karen T. Knerem | Newsletter | Free Consultation Are you 62 or older? Do you want to continue living in your home? In today’s challenging economic climate, many consumers are looking for alternative funding sources for home purchases. Reverse Mortgages can now be used to purchase a new residence, or to purchase a residence for children or grandchildren. In addition, a reverse mortgage can be used to eliminate a current mortgage payment, provide you with funds for a major expense or add to your monthly income.
We offer FHA insured loans as well as proprietary products that allow you to regain ownership in your home without having to take on a monthly installment. With recently enacted legislative changes, reverse mortgages now offer lower closing costs and increased lending limits. Our knowledgeable Reverse Mortgage staff will help you understand your options and assist you in selecting the program to meet your needs. Do you still want to know more?
Click here to read A TURNING POINT IN THE HISTORY OF HUD’S HOME EQUITY CONVERSION MORTGAGE PROGRAM Reverse Mortgage Calculator
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