All over the country REVERSE MORTGAGES are helping our seniors achieve greater financial security. A reverse mortgage is a loan that allows seniors to use the equity in their home to improve their quality of life and remove any financial barriers they may be facing. REVERSE MORTGAGES have allowed nearly 150,000 older americans achieve freedom and peace of mind to enjoy their retirement years. By converting your equity into income a reverse mortgage allows you a way to stay in your home and use the cash for any purpose. Homeowners 62 years or older can qualify and there are no income or credit requirements. The amount of reverse mortgage allowed depends on applicant's age, the type of program, home values and interest rates. As long as a reverse mortgage is outstanding, NO mortgage payments are required. The loan comes due when the borrower no longer occupies the home as a primary residence. This is usually occurs when the home is sold or the owner moves or passes away.
REVERSE MORTGAGE POSSIBLE USES
*Pay for home repairs and renovations *Long term healthcare *Pay off existing debt *Healthcare and prescription drugs *Pay taxes *Your grandchildrens education *Travel *Pay off an existing mortgage *Buy a boat or summer home *Make car repairs or purchase a new car *Almost anything you want.
Give one of our Reverse Mortgage Specialists a call today @ 770-297-8855
Direct: 770-297-8855 Fax: 770-297-7300
604 Green Street Suite1 Gainesville GA 30501 Email: mdye@diamondmi.us Diamond Mortgage and Investments, LLC GA Residential Mortgage Licensee # 19389 Copyright 2007 http://mydiamondmortgage.com All rights Reserved.