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New Home Purchases & Reverse Mortgages


New Home Purchases

house

revmtg

 

  • Get PREQUALIFIED before you begin house hunting
  • Loans from $100,000 to $4 Million
  • All types of loans available - (Fixed rate, adjustable rate, terms to 30 years) 
  • 96.5 % Financing available
  • Purchase your dream home with little or no money down
  • No Income Documentation Loans Available
  • We have many different programs, so we can find a one to meet your needs

 

 

Mortgage Calculator

Purchase Price

$

Down Payment

$

Interest Rate
( ex: 6.5 )

%

Term

Years

Start Date of Loan
( ex: April 2003 )

House Price

$

Down Payment

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Monthly Payment

$

# of years

 

 

Reverse Mortgages

reversemtg

money

What is a Reverse Mortgage?

 A reverse mortgage is a loan against your home that you do not have to pay 
 back for as long as you live there. 
 
 It can be paid to you all at once, as a regular monthly advance, or at times and 
 in amounts you choose.

 You pay the money back plus interest when you sell your home, or 
 permanently move out of your house.

Who’s Eligible?
               
                Homeowner’s at least 62 years of age
               
                Home must be principal residence (where you live the majority of the year)

How They Work?


                Require no repayment for as long as you live in the home

                Repaid in full when last living borrower sells the home, or permanently 
                moves away

Are there any restrictions on what I can do with my money?


                No. You can use the money for any purpose you choose.



 

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