Are you at least 62 years old and own your own home? If so, a reverse mortgage could be a valuable financial tool to help you achieve your goals. With a reverse mortgage, you can tap into your home's equity without the burden of monthly mortgage payments. There are no restrictions on how you can use the funds; whether it's covering medical expenses, funding your grandchildren's education, or any other reason, the choice is yours. Plus, you only repay the loan when you sell the home, permanently move out, or pass away.
With a reverse mortgage, you must maintain your home as your primary residence, stay current on property taxes and insurance, and ensure the property is adequately maintained.
No monthly mortgage payments are required; the loan is settled when you move out, sell the home, or pass away.
Non-recourse feature ensures you'll never owe more than your home is worth.*
Flexible cash disbursement options tailored to your needs.
If heirs choose not to repay the loan and the home is foreclosed, they won't be liable for any deficiency.
Contact me today to determine if you qualify. Throughout the process, you'll work with an independent reverse mortgage counselor who will help you assess all the potential risks and benefits.
Ready to upgrade your home?
Reach out to us at 949-799-4329 and let's start this journey together.
Equal Housing Opportunity © 2023 Apache Mortgage Inc, 695 Town Center Dr., Suite 1200, Costa Mesa, CA 92626, 949-799-4329. NMLS ID # 2454357 DRE # 02209550. For licensing information go to www.nmlsconsumeraccess.org. Trade/service marks are the property of Apache Mortgage Inc and/or its subsidiaries or affiliates. Information is intended solely for mortgage bankers, mortgage brokers, and financial institutions. For more information, review Apache Mortgage Inc's state licenses and important notices. Co-op loans not available. Some products may not be available in all states. Information, rates and pricing are subject to change without prior notice at the sole discretion of Apache Mortgage Inc, Mortgage Broker. All loan programs are subject to borrowers meeting appropriate underwriting conditions. This is not a commitment to lend. Other restrictions apply. [06-2023]