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Jumbo Reverse Mortgages offers a wide spectrum of loans. They have become increasingly popular loans for homeowners with high-end property valued at $450,000 to $10m or more. Understanding the needs of seniors, lenders now offer a choice of programs with several different options. ASF, as a leading Reverse Mortgage originator, is in the enviable position of representing all of the varied programs. One of the options is a no cost loan. There is no need to call several lenders to explain their individual programs. One phone call to our senior advisors (and we do mean senior) will inform you of your options. Our initial phone consultation followed by a visit to your home, if you so desire, will allow you to make a careful, informed decision. We pride ourselves with the knowledge of our consultants in addressing your personal needs.
The money you receive provides a significant financial tool for senior homeowners. It can be used for any purpose including:
- Estate Planning
- Lifestyle enhancement
- Gifting
- Debt reduction
- Medical needs
- Family financial assistance
Some common facts about Jumbo Reverse Mortgages:
- No out of pocket costs
- No payments as long as you live in your home
- Title remains in your name
- No income or health requirements
- No effect on Social Security or Medicare
- Income not taxable
- Pays off existing mortgage (if applicable)
Call us now with your questions and a quote as to how much you are eligible to receive. We will send you written information and/or visit with you in the comfort of your home. You will receive professional advice from “The Reverse Mortgage People”.
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