Proprietary Reverse Mortgages; want a second mortgage?

By
Mortgage and Lending with Christensen Financial Mortgage 385907

When I was first introduced to this program my response was ... really, get outta town.

A true second mortgage, leaving the first in place, up to 4 million (minus the first balance).

So i can do home improvements, debt consolidation, buy a condo at the beach cash, a place for my kids to live will they're in school and

There are no monthly payments required...get outta town!

but it's true

leave your current first mortgage, low fixed rate in place

no FHA approval for condos over $500,000

no mortgage insurance

no prepayment penalties

 

Hey jay, your telling us the truth now, right?

 

yes i am

 

as always when you're (my senior friends) speaking with a reverse mortgage specialist make sure that they are well trained, knowledgable, and will consider your best interests first

 

ps; to my realtor friends did i mentioned that my seniors, who qualify, can purchase an investment property cash with no payments...

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