Available to homeowners age 62 and older, a reverse mortgage is also known as a home equity conversion mortgage. This loan does not require monthly mortgage payments, but does require the borrower to maintain property taxes and insurance. A reverse mortgage is repaid after the borrower moves, sells the home or passes away.
A reverse mortgage is a great option for homeowners who aren’t planning to relocate, can maintain the home and want to free up their cash flow.
Applying for a reverse mortgage can be a complicated process that requires the help of a knowledgeable real estate professional. Find those professionals at White Pine Funding in Salt Lake City, UT.
Call 801-365-8180 now for a free quote on a reverse mortgage.
White Pine Funding has helped numerous Salt Lake City seniors apply for reverse mortgages. We offer accurate quotes without requiring a Social Security Number or credit check. Your information is kept completely private, and there’s no obligation to secure a reverse mortgage.
Get in touch with the experienced brokers at White Pine Funding now – call 801-365-8180.