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  Reverse Mortgages
 

We assist in identifying, purchasing, and producing customized leads packages for reverse mortgages. Using a variety of source providers, we work directly with customer services teams and account executives to provide their customers some of the best leads available today.

What are Reverse Mortgages?

A reverse mortgage is a special type of home loan that lets a homeowner convert a portion of the equity in his or her home into cash. The equity built up over years of home mortgage payments can be paid directly to the homeowner. Unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence.

The home must be a single family dwelling or a two-to-four unit property that is owned and occupied by a homeowner that is 62 years of age or older. Townhouses, detached homes, units in condominiums and some manufactured homes are also eligible.

For more information, visit the HUD website on Reverse Mortgages.

For more information on how we can help, please contact us today to get the discussion started.