Welcome to Our Online Services
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Vancouver, Washington
Headquarters
(360) 944-9004
Toll Free
1(877) 944-9004
Fax
(360) 944-9007
Anacortes, WA
Branch Office
(360) 588-9728
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There
are many reasons why seniors have come to rely on Senior Life Solutions
to help them supplement their monthly income using a Reverse Mortgage.
No matter what the reasons are or the amount of
funds you are needing, we are here to provide professional services
and the expertise necessary to help you acquire your financing.
What is a Reverse Mortgage?
It is a unique loan specifically for seniors against your house
based on the value in your home, the equity in your home, your age
and also city in which you live. It is a HUD approved product, and
it is very safe.
Why is this different from a conventional loan?
A Reverse Mortgage allows seniors, age 62 years and older, to borrow
from the equity in their home, but make no loan payments until they
sell their home or permanently leave their residence.
How can the proceeds be used?
In any manner you choose including:
- Supplement monthly income
- Pay off existing mortgages and debts
- Make home repairs
- Pay
for medical bills or in-home assistance
What about the security of my home?
You retain full ownership in your home, and are free to live in
the home for as long as you like. The loan is not paid back until
you vacate the home. If you sell your house and move, the loan is
paid off from the proceeds of the sale. If you pass away, your heirs
can either convert the Reverse Mortgage into a conventional loan,
or sell the home, pay off the Reverse Mortgage, and keep any remaining
proceeds.
This mortgage program was designed and is insured
by the Federal Government to assist and protect seniors and allow
them to maintain their financial independence.
Our loan specialists will help you discover:
- How much you qualify for
- How to apply
- And the many benefits and uses of a reverse mortgage
For a no-obligation, no-cost consultation with a loan specialist:
Contact us at info@seniorlifesolutions.net
for more information.
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