MLS Reverse Mortgage in Auburn, California

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  • Business name: MLS Reverse Mortgage
  • Address:
  • 13478 Luther Rd
    Ste C
    Auburn, California 95603
  • Phone number: 888-888-4834
  • Business hours:
  • 9 - 5
  • Map:
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  • Email address:
  • Category: Financial
  • Description:
  • MLS Reverse Mortgage is The Reverse Mortgage Advisor. We have helped hundreds of people enjoy the benefits of a reverse mortgage. We are local in the Sacramento area, and offer reverse mortgages in all of California as well as Oregon, Washington, Hawaii, Missouri, South Carolina, Florida and Idaho. Contact us to learn more about reverse mortgages. mlsreversemortgage.com offers a wide array of reverse mortgage information. We are always available by phone at 1-888-888-4834. We offer: Fixed rate reverse mortgages, reverse mortgage (HECM) for home purchase and adjustable reverse mortgages. All HECM (Home Equity Conversion Mortgage) reverse mortgages are Government insured. What is a reverse mortgage? A Reverse Mortgage is a special type of loan that allows a homeowner to convert a portion of the equity in their home into cash they can access. The funds are not taxable to the homeowner and typically don’t interfere with eligibility for Social Security or Medicare benefits. (However, in the federal Supplemental Security Income program, beneficiaries must keep their liquid resources under certain limits.) The customer retains title to the home as well as right to any appreciation in home value when the loan terminates after it is paid off. The loan remains in force until the last titleholder dies, permanently leaves the home or sells the property; the borrower can’t be forced to sell or move by the lender. The loan may be repaid at any time. But unlike a traditional home equity loan or second mortgage, no monthly payments are required. Instead of putting further pressure on an already stretched budget, a Reverse Mortgage can free a senior homeowner of monthly debt obligations. Call us toll free today! 1-888-888-4834.
  • Last update: 2009-02-02
  • Visits: 1245

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