REVERSE MORTGAGE REFINANCING
Reverse Mortgage Refinancing
A reverse mortgage is a loan that allows homeowners over the age of 62 to be able to convert a portion of their home equity into monthly payments or cash. Reverse mortgages can be extremely appealing to individuals who may need or want to supplement retirement funds. The reverse mortgage loan balance is not due until the borrower moves out of the home, fails to pay taxes or insurance, neglects to maintain the home, or passes away. If the borrower passes, a spouse, next of kin, executor or estate may be responsible to repay the remaining balance of the loan. Borrowers are not required to continue to make monthly payments to their mortgage but may choose to do so if they would like to prevent it from accruing heavily. There are 3 different kinds of reverse mortgages: proprietary reverse mortgages, home equity conversion mortgages, and single-purpose reverse mortgages.
Submit a Form to Request a Free Reverse Mortgage Refinancing Quote
Reverse Mortgage CA is a trusted reverse mortgage refinancing company with a proven track record of providing highly personalized and exceptional customer service. We strive to provide the highest quality service for our customers. Our outstanding customer support is there for you, from start to finish, at every stage of the process.
Easy Application Process
Reverse mortgage financing is one of the easiest loans to apply for. Fill out an application form online or in our office and within minutes, we will have evaluated it and let you know if you qualify. If you're a senior who doesn't need to worry about the monthly mortgage payments, a reverse mortgage refinance could be a great way to access your cash.
Applying for reverse mortgage financing with us is fast, and hassle-free. And best of all - it only takes a few minutes to get your application processed. Reverse mortgage refinancing is a way to convert your equity into cash. You can either convert your home equity into cash, or use it to purchase a home with a lower down payment.
The Benefits of Reverse Mortgage Refinancing
There are many benefits to a reverse mortgage refinance, including the ability to get cash flow, pay off senior living expenses, pay off debts, pay for home repairs, buy a new property if your other one doesn't meet qualifications.
A Reverse Mortgage Refinancing is a way to use the equity in your home to get cash for other things you need, like paying off debt or making home repairs. With a reverse mortgage refinance, you can get cash without having to move out of your home or sell it. We'll make you an offer on your property and take care of everything else.