Скачать или смотреть Top Uses For A Reverse Mortgage | The Best Reverse Mortgage Lender

The Reverse Mortgage program has changed dramatically in the last couple of years. The NEW Reverse Mortgage is now recommended by many financial planners and licensed professionals due to the recent improvements and protections put in place.

Richard Woodward is a Dallas Texas-based licensed reverse mortgage expert with many happy past clients. Let’s talk either face to face or over the phone. Richard will analyze your situation and provide you either a reverse mortgage option or a traditional mortgage option, whichever works best for you.
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A reverse mortgages (also called home equity conversion loans or HECM) enable homeowners age 62 and older to tap into their equity without selling their home (or purchase without making mortgage payments) The lender pays you money based on the equity you’ve accrued in your home; you receive a lump sum, or a monthly payment or a line of credit. Repayment is not necessary until the borrower sells the property, moves into another residence, or passes away. When you sell your home or no longer use it as your primary residence, you or your estate must repay the loan you received from the reverse mortgage plus interest and other finance charges to the lender.

Mortgage payment options are very flexible. If you want to reduce your balance then you may make monthly payments. If you don’t want to make payments, you do not have to make payments. However, you MUST pay your property taxes and home owners insurance in order to prevent foreclosure just like a regular mortgage.

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Call The Richard Woodward Mortgage Team today to receive your free consultation (214) 945-1066. Now offering Reverse Mortgages for purchase or refinance in Texas, Colorado, Oklahoma, and Kentucky.

Richard Woodward
Branch Manager, NMLS 217454
Your Local, 5 Star Rated Mortgage Lender
Voice/Text: (214) 945-1066
www.MortgageProsUs.com
Nexa Mortgage NMLS# 1660690
7820 Hague Ct Plano, TX 75025

Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Nexa Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualifications. Rates and fees are subject to change without notice.