Newsletter-Reverse GO
Marty Sidman
Reverse Mortgage Specialist/VP of Mortgage Lending at Guaranteed Rate - NMLS ID #283270
?????? Things to know about Reverse Mortgages:
1.???????? 62 years of age or older to qualify.
2.??? Financial Assessment
3.??? Can be Fixed rate or Adjustable rate
4.??? Available ARM with a revolving line of credit
5.??? Access Tax Free Dollars in the Growth Line of Credit
6.??? Tax Free Growth Rate on remaining funds in the Line of Credit.
7.???? Use as Estate Planning tool – does not adversely effect
8.??? Use as supplement to Retirement Plans
9.??? NO Principal or Interest payments monthly mortgage payments.
10.? For Refinance or Purchase - Increase Buying Power by 50%
????????????? Three (3) different options. It is a non-recourse loan.
???????????????????????????????????????? (Subject to a Financial Assessment.)