Here is some useful information about Reverse mortgages.
Reverse mortgages have become more popular in recent years as a tool people can use to help supplement their incomes. Reverse mortgages are very flexible. You can use the loan proceeds for virtually any purpose. To qualify for a reverse mortgage you must be at least 61.5 years old and have substantial equity in your home. Once you are qualified, you can choose from 3 options. 1. A lump sum payment 2. An equity credit line, or 3. Monthly payments to you over the rest of your lifetime. Please contact me today if you would like to know more about reverse mortgages.
Thanks,
Chris Haynes
615-945-3994
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