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    Posts Tagged: Home Loan

    Why Should You Consider a Reverse Home Loan?

    Posted 11:55 am by zrevers & filed under Reverse Home Loans, Reverse Mortgage.

      Reverse Home Loan: Things to Consider You tried to keep money throughout your lifetime for your “golden years.” But with college tuition, weddings and the ever increasing property taxes, it had been rare to have much money left over to place into savings. So you are trying to get by on a security check… Read more »

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  • Borrower Eligibility

    There a few basic requirements to qualify for a reverse mortgage:
    • You and your spouse must be at least 62 years of age.
    • Your home must have enough equity to consolidate all existing mortgages.
    • Your primary residence must be FHA-approved such as a single family home.
    Individual lenders will also have their own requirements. At Z Reverse Mortgage, we will help you find the lender and mortgage program that is right for you.
  • Loan Amount is Based On

    • Youngest borrower’s age
    • Current interest rate
    • Lesser of appraised value or the FHA insurance limit
    BUY A HOME WITH AReverse Mortgage
  • Customer benefitsinclude

    • Eliminates monthly mortgage payments
    • Increases your purchase power
    • Preserves your cash
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