“Reverse Purchase Mortgage”
Hold onto your hard earned cash!
Seniors/Older adults are living longer and
running out of money!
A Reverse Purchase Mortgage
can help buyers purchase the right
home/condo and have
NO MONTHLY MORTGAGE PAYMENT
Purchase Price - $350,000
Example
(Age 70 youngest borrower)
Down Payment - $194,581
(One time down payment, includes closing costs ) (Title stays in your name)
(Property passes onto heirs, estate, named person, etc)
Lifetime Monthly Mortgage Payment - $0.00
an
Jumbo Lo
Amounts
Up To
$4 Million
As people age, many unexpected expenses can arise, such as medical bills,
prescription drugs, home repairs and the need for long term care. Additionally,
when a spouse passes, one of the Social Security checks goes away. When saving
and retirement accounts run low and life insurance is no longer available, a
Reverse Purchase Mortgage eliminates your monthly mortgage payment and
increases monthly cash flow, giving you a greater sense of financial security.
*At least one borrower must be 60/62 years of age. Must be primary residence and keep
property taxes, insurance, HOA dues current. Homeowner retains title. Occupancy within
60 days of loan closing.
“Call today - No obligation”
Reversing Pa Mortgage, LLC
Michael Friedman 561-631-1701
Broker-Owner
[email protected]
www.reversingmtg.com
Available 24/7
NMLS#1396947
This material is not from HUD or
FHA and has not been approved by
HUD or a government agency.