Turn Your Home Equity into Cash Using a Home Equity Conversion Mortgage.
Do you own your own home ? Are you at least 62 years old ?
Would you like to remain in your home for as long as possible with no monthly mortgage payments -- only paying taxes, insurance, HOA fees, and maintenance -- and have extra cash to spend as you please ?
If you answered yes to the above questions, you might be a good candidate for the newly-improved Home Equity Conversion Mortgage ( HECM ) program insured by the Federal Housing Administration ( FHA ).
The HECM mortgage can be used to :
Convert the equity in your home into cash to pay bills and improve the quality of life.
Pay off a current mortgage ( if you have one ) while retaining ownership of your home.
Purchase a retirement home, or downsize, or upsize.
Set up ongoing monthly income payments.
Establish a line of credit.
Or set up combinations of the above.
Everyone has a different situation, sets of needs, wants, and challenges. Contact us for more information about converting your home equity into cash.
Please remember....If you have real estate questions.....we have answers. Call us, text us, email us. We're here to help. Robert Kroon 602-390-0861 eMail at RobertKroon@Realty Executives.com