REVERSE MORTGAGE
| Где | York |
|---|---|
| Связь | Отправить сообщение |
What is a reverse mortgage?
A reverse mortgage is a loan that allows you to get money from your home equity without having to sell your home. This is sometimes called “equity release”. You can borrow up to 55% of the current value of your home.
The maximum amount you’re able to borrow will depend on:
your age, your home’s appraised value
You pay back your loan when you move out of your home, sell it or the last borrower dies. This means you don’t need to make any payments on a reverse mortgage until the loan is due. And the same time your property value goes up
Who is eligible for a reverse mortgage
To be eligible for a reverse mortgage, you must be:
1. A homeowner
2. At least 55 years old
On your reverse mortgage application, you must include all the individuals listed on your home’s title. All these individuals must be at least 55 years old to be eligible. Call to book an appointment: 647-570-8187
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Номер объявления: 112774, опубликованно: Oct 28, 09:45 AM, изменено: Oct 28, 09:45 AM, просмотры: 66, поисков: 21286