Reverse Mortgage
If you are a homeowner who is retired, or who is approaching retirement, we at RH Financial of Portland Oregon appreciate that you're probably in a unique financial situation.
Just like other homeowners, you still have to pay monthly bills. And you probably also have increased health care requirements to contend with. But you might not have quite as much income arriving as you used to. Meanwhile, you probably have a significant amount of positive equity locked up in your property.
If you are 62 or older you can take advantage of your assets through one of the latest innovations in the mortgage industry: the reverse mortgage.
What is a Reverse Mortgage?
A reverse mortgage is a type of loan which allows you to leverage your home during your golden years. It allows you to get paid a fixed sum of money each month until the loan amount has been fully paid out. Reverse mortgages can provide you with guaranteed income for many years, and you will continue living in your home and retain your title rights.
A reverse mortgage is a smart and legal way to benefit from your stored-up equity while maintaining your independence. You can use the money for whatever you need: health care costs, bills, long-term care, or for fun. It's up to you.
RH Financial is a trusted name in the Portland Oregon mortgage market. We've been helping homeowners and buyers to educate themselves and find the best home loan deals since we began. We're also approved with the Federal Housing Administration, proving our commitment to service and our credentials as a reliable and trustworthy institution.
RH Financial can help you find an excellent reverse mortgage with a trusted lender.
NEXT STEPS:
>> Start your application
>> Free financial analysis
>> Find a realtor
>> Contact an RH Financial Professional |
