Ages 62+
A Reverse Mortgage Refinance May Be For You!
If you are 62 or older and have equity in your home, a reverse mortgage offers a way to convert some equity into cash. The funds can be used in multiple ways, including supplementing your income, paying for a large expense or preparing for future needs. Funds are tax free. Instead of refinancing with a regular mortgage, a reverse mortgage may be the better choice. One of our staff will be happy to thoroughly explain the eligibility factors, benefits, features, options, costs and borrower obligations associated with the reverse mortgage product.

Buying A Home?
Combining a reverse mortgage with your purchase cash investment may be the best choice. Unlike a regular mortgage, the reverse mortgage purchase can offer no monthly mortgage payments, a line of credit to access available funds and a financial tool for your future needs. Also, the combination of cash and reverse mortgage can increase your buying power to purchase a home that is out of reach of your cash only. Income qualifying is not as difficult as a regular mortgage as many borrowers qualify on their social security income alone. One of our staff will be happy to thoroughly explain the eligibility factors, benefits, features, options, costs and borrower obligations associated with the reverse mortgage purchase product.

Staff Contact Info:
Email: WHA.US@gulftel.com
Phone: 251-980-2075
Fax: 251-980-2074