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Reverse Mortgage Warrior

Real Estate, Mortgage Brokers

500 Coit Rd | Plano, TX, 75075

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4696078808 View location map View website Email Facebook

More information about Reverse Mortgage Warrior

A reverse mortgage allows you to draw on the equity in your home without having to sell it. A "reversal" of a conventional mortgage where you would pay monthly principal and interest payments, a reverse mortgage is a loan that may allow you to receive monthly payments. The loan is repaid when you either sell your home, the last borrower (or eligible non-borrowing spouse) passes away or no longer live there as their principle residence*. As a borrower you must continue to pay property related fees, taxes and insurance, and must maintain the home in good condition. You can use the cash payments as you wish: to supplement your retirement income, make home improvements, pay bills, or vacation. It's all up to you.

Deciding whether or not to go forward with a reverse mortgage is a big decision. If you are still learning about reverse mortgages call Doug Quinn at 469-607-8808 and I can answer all your questions.

Reverse Mortgage Warrior Plano address and phone

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Last update: 2022-08-18 12:45:11