The Reverse Mortgage
Transcontinental Lending Group is a one stop lending solution for different borrowers needs.
LIST OF OPTIONS FOR SENIORS
If you still have monthly mortgage payments and the mortgage is not yet paid down then you may qualify for a Reverse Mortgage.
If you need supplemental monthly income for the remainder of your life and/or would like to use the equity in your home to receive payments or in one lump sum it's up to you.
If you need the financial assistance and want to reduce your debt and live comfortably.
REVERSE MORTGAGE- is not an ARM in any way. Reversion means that the property reverts back to the lender when the seniors pass away. It is a full term loan and the monthly income payments can be set to the borrower through 10, 15, 20, and 30 years, depending on their equity. The credit score is not as important because you do not have to pay it back during the life of the loan. Even if you decide to sell the home many years after, you only have to pay back what you owe.
A reverse mortgage option could be exactly what you are looking for even if you are not a senior citizen. If you have 50% or more paid down on your mortgage loan then you also may qualify for the Reverse Mortgage option.
Please find out if this is for you by contacting a representative for a free consultation and to find out if you qualify for a Reverse Mortgage. It may be one of the best decisions that you ever made.
To qualify call toll free at
#1800-209-0903 or send an email to cbkagent@yahoo.com
Thursday, August 21, 2008
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