How do reverse mortgages work?
1. American Citizen over the age of 62
2. There is no income qualifications. It must be their primary residence.
3. Complete “FREE” HUD Counseling
4. Appraisal and Pest Report, can be refunded at loan closing.
5. Payout can be in lump sum, a line of credit monthly payments or a combination of these.
These are just a couple of the features of getting a reverse mortgage…It is a great product for Seniors on a fixed income.
What a great way to live in your home mortgage free.
Ryan Kohl, Vice President
Express Capital Mortgage
1820 E Ray Rd
Chandler, AZ 85225
480-656-8347
