Reverse Mortgage 101

 
WHAT IS A REVERSE MORTGAGE?
 
Reverse Mortgage is a loan that is only available to our clients that are 62 years of age or older.  This loan is an excellent financial planning tool that is used by senior homeowners to enhance their retirement years by supplimenting their retirement income. A reverse mortgage converts part of the equity in your home into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. This program has been endorsed by the AARP
and is insured by the Federal Government. 
 


PROGRAMS OFFERED
 
  • Reverse Mortgages
  • Reverse Mortgage Adjustable Rate Program (with line of credit)
  • Fixed Rates Program
  • Reverse for Purchase Program (buy a new home with a reverse mortgage)
If you find yourself short on cash and you are retirement age, Brian Wagoner and John Whitehead, can help you apply for a Reverse Mortgage. This program allows you to use a portion of your home's equity that you have worked so hard to accrue, insted of spending your retirement years worrying about money. You and your heirs will still retain the title to your home; if your heirs wish to keep the home they have the option of selling the home and keeping the profit (after paying off the reverse mortgage), or refinancing the home, just as they would with any other home that had a mortgage on it.

Try our Reverse Mortgage Calculator

 


 
QUALIFYING INFORMATION NEEDED
1.  Borrowers Names
2.  Address of Property
3.  Date of Birth for Each Person on the new loan
4.  Value of Property
5.  Amount Owed on Current Mortgage


SEE IF YOU QUALIFY!!  The process will take minutes!! 
 
Eagle Star Mortgage can help you apply for a Reverse Mortgage today.

Call Brian Wagoner or JohnWhitehead today!!
 
1-855-900-REFI (7334)

NEED MORE REVERSE MTG. INFORMATION:
 
Reverse Mortgage Options
Top 10 Reverse Mortgage Myths
Reverse Mortgage Flyer


Apply Now

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