Reverse Mortgages

Do you know what kind of loan you can get with horrible credit or no credit?

It is a reverse mortgage. They can be a life saver. Basically you need to be over 62 years old and have a good amount of equity and you might be in position to never have a house payment again. 80% of people with a Reverse Mortgage would recommend one to a friend. 56% of people with a Reverse Mortgage said they couldn’t afford basic monthly expenses without the loan. 44% of those folks said they would have had to leave their homes without a Reverse Mortgage.

Now is the time to look into it with no rise in Social Security for the 2nd time since 1975, now more than ever this could be a financial tool to help plan your finances and to let you live your life to its fullest. The industry has changed. If you looked at it before and found it too expensive, too confusing or too whatever, let’s look again. There is no charge to find out the answer to your questions. You might even be eligible to receive a monthly check or lump sum of cash as well as no house payment. And by the way, you can buy a new home this way (with a substantial down payment). Call for details.

If you are not in the group that can benefit, give your friend that might my number. They may love you forever.

I can be reached at 615-777-4663 or via email at George.Margrave@MIGonline.com