Reverse Mortgages Will Help 62 and Older Stay in Home Create Cash Flow

Real Life Transaction!

Borrower Retired Due to COVID

Benefit of Reverse Loan:

·         Paid off existing mortgage, saving $1,754 ($105,000 over 5 years!) in monthly payments*

·         Cash Out $36,557

·         Line of Credit for $93,521

·         Paid property taxes at close saving $2,395.62 out of pocket**

·         Closed in 45 days

Thinking about a reverse mortgage but not sure? Call me at 562-619-2058

Anne E James is a licensed mortgage broker with 25 years experience in lending. NMLS # 254859


Posted by Anne James on March 22nd, 2021 10:25 AM

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