Southern California's Reverse Mortgage Leader

California Leader.

we only offers Reverse Mortgages in our native state of California. With our expertise, discounts and locality it is no wonder why we are becoming the #1 choice. Who else will work tirelessly for you all day when it is 72 and sunny? Reverse Mortgage Senior Income

Posted by OscarNOW on 9:57 PM. Filed under . You can follow any responses to this entry through the RSS 2.0

1 comments for �Southern California's Reverse Mortgage Leader�

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A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that built up over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence or fail to meet the obligations of the mortgage. You can also use a HECM to purchase a primary residence if you are able to use cash on hand to pay the difference between the HECM proceeds and the sales price plus closing costs for the property you are purchasing.

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