Gold Mortgages: Reverse Mortgages Leader

Conforming FHA limits have changed and have increased access to more funds for seniors.

"A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that you built up over years of making mortgage payments can be paid to you. However, unlike a traditional home equity loan or second mortgage, HECM borrowers do not have to repay the HECM loan until the borrowers no longer use the home as their principal residence"... Visit us to learn more! @ goldmortgages.com

Visit us at GoldMortgages.com

Here are some Retirement Goals that you could use the equity of your Reverse Mortgage loan for; Pay off your existing mortgage, Make necessary home repairs or renovate your home, Take a dream vacation, Fund a major purchase, Take up hobbies or sports, Help love one, Maintain standard of living, Create a safety net (emergency fund)

Reverse Mortgage Benefits; Tax Free loam to pay off your mortgage and more, No monthly Mortgage Payments, Does not affect Social Security, or Medicare benefits, Government Insured = Security & Predictability, You (not the bank) continue to own your home not the bank, Limited Credit and Income qualifications.