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Reverse Mortgages..:NAMESPACE PREFIX = O />
Reverse mortgages (also called home equity conversion loans) enable elderly homeowners to tap into their equity without selling their home. The lender pays you money based on the equity you've accrued in your home; you receive a lump sum, a monthly payment or a line of credit. Repayment is not necessary until the borrower sells the property, moves into a retirement community or passes away. When you sell your home or no longer use it as your primary residence, you or your estate must repay the cash you received from the reverse mortgage plus interest and other finance charges to the lender.
HomeLoans Inc. and HLI Mortgage are family owned businesses headquartered in Canyon Lake California. We also have offices in Rancho Bernardo, Perris California and Northern Michigan. While we offer a vast number of mortgage products to meet the unique needs of our clients, we take pride in giving each client personal service. We recognize the fact that many of our clients are new to the mortgage process and may need additional help getting from start to finish. That is why everyone on the HLI team is committed to being available to our clients. For more information of our the various products we have and services we offer simply click on the "Products & Services" tab. If you would like to speak directly to the President of HLI simply call him at: 1 951 712 5070.
Hal Ballew, Broker
HomeLoans Inc. is proud to recommend HomePros Real Estate and Southern California Escrow Inc. For more information on these fine companies contact me.
HomeLoans Inc 31534 Railroad Canyon Rd CA Dept of Real Estate Broker 01250414 Canyon Lake, CA 92587
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