Reverse Mortgage
What is it? Reverse Mortgages allow senior homeowners age 62 years or older to convert part of their home equity in to tax free income, without having to sell their home, give up title to it, or make monthly payments. The loan only becomes due when the last borrower permanently leaves the home. They or their heirs can never owe more than their home is worth.
For more information contact Jerry Belvo with Sun Valley Financial at 623-889-0355 or email him at jerry@sunvalleyfinancial.com