Google Review of Reverse Mortgage Resource Center by Chad Thornley
Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
Do I get a lump sum in a reverse mortgage?
Yes, you can receive a lump sum payout with a reverse mortgage. This is one of the payment options available to you, and it allows you to receive all of the money in one single payment. Other payment options include monthly payments or a line of credit. The amount you receive depends on several factors, such as your home's value, your age, and the loan interest rate.
Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you.
Reverse Mortgage Resource Center
11240 River Heights Dr Suite 100
South Jordan, Utah 84095
385-503-2224
https://reversemortgageresourcecenter.com
Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
Can you sell your house if you have a reverse mortgage?
Yes, you can sell your house if you have a reverse mortgage. The proceeds from the sale will be used to pay off the loan balance and any additional costs associated with the sale of the home. You will keep any remaining equity in the property after all obligations are met.
Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you.
Reverse Mortgage Resource Center
11240 River Heights Dr Suite 100
South Jordan, Utah 84095
385-503-2224
https://reversemortgageresourcecenter.com
Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com
Is a Reverse Mortgage a good idea?
A reverse mortgage can be a good option for seniors who need to supplement their retirement income, but it depends on your individual situation. A reverse mortgage can be a good option if you are over 62, own your home outright or have a low remaining balance on your mortgage, and need additional income. A reverse mortgage can provide a steady stream of income for retirees.
Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you.
Reverse Mortgage Resource Center
11240 River Heights Dr Suite 100
South Jordan, Utah 84095
385-503-2224
https://reversemortgageresourcecenter.com
Matthias Allred
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