No Negative Home Equity ensures the amount owed on the due date will not exceed the fair market value of your home.
If the house depreciates and the mortgage amount due is more than the gross proceeds from the sale of the property.
Your Reverse Mortgage Lender will cover the difference between the sale price and the loan amount.
The peace of mind you get from leveraging a Reverse Mortgage is protected no matter the economic backdrop.
Lending institutions never lend more than between 55% to 59% of the home’s value.
Escalating real estate value boosts the total equity in the house.
IF you are thinking about a Reverse Mortgage Call Toll Free (866) 410-4740
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