Alternative Programs — Adding Value: Reverse Mortgages for Purchases

By chrisking • July 3rd, 2012

Many people think of reverse mortgages as available and useful only for refinancing. Yet, reverse mortgages can also be used for clients who are buying properties. These loans can be very valuable for those who are down-sizing. A sizeable down payment in conjunction with a reverse mortgage means that a client can retire without having to worry about monthly mortgage payments. Contact us for more information.

 

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