Can I get a Reverse Mortgage?
Your home does not have to be paid off in order to be eligible for a Reverse Mortgage. Reverse mortgages convert home equity into cash. As long as there is sufficient equity in the property, the homeowner may be eligible for a reverse mortgage. In fact, many seniors use a reverse mortgage to pay off an existing mortgage in order to eliminate a required monthly mortgage payment.
Imagine selling your home and taking your equity to St. George or Arizona or Florida and buying a home with a Reverse Mortgage and never making another mortgage payment.
To search Salt Lake Townhomes, click here.
To search St. George Townhomes, click here.
Ask any questions on the comment box below
Or call for times and locations of our free one hour information seminar. No obligation, leave your checkbook at home.
Blog Archive2016-12-29 10:19:05
Should I call the number on the sign?
Stats - 25% short sales 6/9/2011
For Sale by Owner or Hire an Agent
Stats - Sales, sales and more sales 5/31/11
First Spring numbers, more homes sold 5/12/2011
Cheaper to buy than to Rent
Stats - Short sales on the rise 4/26/11
Dave Ramsey says 'Use an Agent!'
Protect and Defend the Mortgage Interest Deduction
#1 Barrier to Home Ownership
Happy Tax Day
Utah #4 in Foreclosures
Regulators Regulators Regulators
Stats - Seasonal bump in sales 4/13/11
Protecting the American Dream. I am in!
Why Would My Lender Accept Less Than Is Owed?
Stats - 6600 homes for sale, only 639 sold 3/15/11
Stats - 1700 New Short Sales Listed 3/11/11
Sales in Salt Lake County are increasing
Stats - The year of the Short Sale 2/16/2011
Stats - 50 per cent Fail 2/9/2011
Median Shmedian 2/8/2011
Shadow Inventory 2/4/2011
Stats so you can sound smart. 2/1/2011
The Basics of Buying a Home
Click here to see ALL articles.