REVERSE MORTGAGE MIAMI FLORIDA

  • Are You At Least 62 Years Old?
  • Do You Own Your Own Home?
  • Do You Have Significant Equity In Your Home?
  • Are  Your Assets The Equity In Your Home?

YOU MAY QUALIFY FOR A REVERSE MORTGAGE (HIPOTECA REVERTIDA)!

Based upon your age and the amount of equity in your home, a Bank will figure out how much they would be willing to lend you. Once you pay off any existing liens/mortgages, the balance of the loan is your as either one lump sum or monthly payments to you.

 

YOU NEVER MAKE ANY PAYMENTS!

As long as you coninue to live in the house, you never have to make any payments. The money you receive
decreases your equity every month, but the bank has already determined (based upon your age) how much
they can lend you without much of a chance of your equity ever running out.

YOUR HEIRS ARE PROTECTED!

Once you pass away, your heirs are protected. They can keep the house or sell it, pay off the mortgage, and
keep the balance. The Bank can never take the house from you as long as you continue to pay your real estate
taxes and homeowners insurance.

Reverse Mortgage - The Process  Frequently Asked Questions


CONTACT US FOR MORE INFORMATION AND A THOROUGH EXPLANATION OF THE LOAN.


 

Alex Gonzalez
Paramount Funding Company
9835 SW 72 St Suite 206
Miami, Fl 33173

(305) 381-5408 Office
(305) 381-5608 Fax

Se Habla Espanol

alex@yarlex.com

 

 

Reverse Mortgage Miami Florida | Hipoteca Revertida Miami Florida