Reverse Mortgage Loans

Reverse Mortgage Loans

• Receive cash monthly payments to help you live and enjoy retirement!
• Receive a lump sum cash payment to use however you want!
• 62+ Years of age to be eligible
• Never make a payment as long as you live
• You remain the owner of the home
• You can never be kicked out of your home
• Click on this link for more info at HUD.GOV
o https://www.hud.gov/program_offices/housing/sfh/hecm/rmtopten

• Non borrowing spouse can be younger than 62 years of age
• Surviving spouse can never be kicked out
• Surviving spouse will always remain owner of the home
• Payments continue as normal during surviving spouses life
• Heirs will get all the remaining equity in the home after loan is paid off
• If the loan balance exceeds the home value upon death, the bank eats it.
• Your kids will not be responsible for paying any of the loan back

Debunking 5 Myths of Reverse Mortgages Click here: https://blog.reversemortgage.org/2018/04/04/debunking-5-reverse-mortgage-myths/

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It's a great time to purchase your new home. Get the process started by applying with Axent Funding LLC today!

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