Reverse Mortgages:

Cash Solutions for Senior Homeowners

A reverse mortgage from Vanguard Mortgage can be a great way for qualified homeowners who are at least 62 year of age to access the equity in their homes. With a reverse mortgage, you continue to own your home, and neither you nor your heirs will owe more than its appraised market value at the maturity of the loan. Additional benefits include:

     ·        No monthly mortgage payments

·        The loan is not due until the last homeowner permanently leaves the home

·        No income qualifications and minimal credit requirements

·        There are no limitations on how you can use the funds

A reverse mortgage can offer peace of mind by providing extra income to cover healthcare costs, home repair, or simply to improve your monthly cash flow.

Since everyone has different needs, Vanguard offers a choice of reverse mortgage loan programs. I will be pleased to provide you with free information about the financial benefits of a reverse mortgage and to answer any questions you may have.

Reverse Mortgage - Facts

When is a Reverse Mortgage a good idea?

When is a Reverse Mortgage a bad idea?