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About Reverse Mortgages

A reverse mortgage enables homeowners 62 and up to convert part of the equity in their homes into tax-free income without having to sell their home, give up the title, or take on a new monthly mortgage payment. The reverse mortgage earned its name because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you.

With Reverse Mortgage Consultant, you have several choices in how you will receive the funds. You may choose from the following:

1. Lump Sum
2. Line of Credit
3. Monthly payments sent to you, directly deposited into your bank account at the beginning of each month.
4. A combination of any of the above three options.

Due to the extensive rules and stipulations involved with a Reverse Mortgage, 1st Advantage has partnered with an expert in this field, Reverse Mortgage Consultant, to ensure our members are well informed and able to make an educated decision about this product.

For more information about reverse mortgages, or about Reverse Mortgage Consultant, please visit Here To Get Started..

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