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With our Texas Veteran Reverse Mortgage, you will
receive approximately
50%-80% of the equity
in your home (the value of your home less
any mortgage) at the low interest rate of
3-6% and you never have to repay the loan as
long as you live in your home. Texas Veteran
Reverse Mortgage rates change weekly on the
adjustable HECM. We also offer Fixed Rate
Reverse Mortgages. The only requirements are
that you must be 62 or older and live in
your home.
Here's an example: Let's say you are 64 and
own a house with a value of $180,000 with an
existing mortgage of $23,000. That existing
mortgage has payments of $900 a month. With
a Texas Veteran Reverse Mortgage, you will
receive the following:
1)
$66,000 tax free cash:
You will receive about $66,000 in tax
free.
2)
Your $23,000
existing mortgage goes away:
You no longer have to pay that $900 a
month payment because the existing
$23,000 mortgage is paid off when you
get a Texas Veteran Reverse Mortgage.
No repayment is required on your
Texas Veteran
Reverse Mortgage during your lifetime as
long as you continue to live in your home.
When you pass away, your heirs will have up
to one year to pay off the reverse mortgage.
You get cash today and don't have to repay
it in your lifetime. That's what makes a Texas Veteran Reverse Mortgage so unique.
You retain 100% ownership in your home and
you and your heirs get all the future
appreciation in value of your home.
And, best of all, the only requirement is
that you must be 62 or older and live in
your home. No income requirements, no credit
requirements and no debt to income ratio
requirement.
You may take your money in a lump sum, in
monthly payments to you, or leave it in a
line of credit to use when and how you want,
or a combination of all three.
It’s time your home paid you back!
Find out how much you can get from your home
…
Call me today! 1.866.784.7300
Be sure to ask for your $200 VFW Discount
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