Be a wise bird

Toll-free: 800-998-2523 reversemortgage@pobox.com

This web-site's primary purpose is to give you an accurate understanding of these programs, and to assist you in making an informed decision about using this unique financial resource. Once you decide to take advantage of these programs, our job is to help you select the one best-suited to meet your needs, process your application and make your funds available to you as quickly as possible.

The amount of tax-free money made available to you is based on your age(s)
and the value and location of your home.

To find out how much money you are entitled to:
Call toll-free: 1-800-998-2523 (8:00 AM - 11:00 PM daily, including Sat. & Sun.)

or, complete a simple Online Analysis Form

What is a "Reverse Mortgage"?

It is actually a financial-planning product technically known as a reverse amortization mortgage. It is designed to give senior homeowners access to the equity in their own homes. It is NOT "needs-based". It is designed to provide the maximum amount of flexibility, whether in a lump sum to pay unexpected bills or to make home repairs; or provide regular monthly payments for supplemental income; or to create a guaranteed line of credit for future security. Unlike traditional home mortgages and home-equity loans, no re-payments are required for as long as the house is your primary residence.

Can you use cash for home repairs or for monthly expenses? Want a new boat? New car? Medical bills? Dream vacation or world cruise? Want to enjoy a better retirement lifestyle? The federally-insured HECM PROGRAM may provide you with the cash you need now with no monthly mortgage payments. To find out how much cash you are entitled to, based upon your age(s) and your home's equity, call the toll-free number above or contact us by sending an email message to ReverseMortgage@pobox.com. Please include your home's address, including zip code, approximate value, amount of a current mortgage (if any), your dates of birth and home phone number. If you wish, you can send us this data by filling in the online analysis questionaire

Neither your credit rating nor your income affect your ability to receive funds through a reverse mortgage. With a reverse mortgage, you receive a portion of your home's equity according to the payment or income plan that you select. You are permitted to change the way the money is paid to you at any time after origination, and you may change this as many times as you wish.

When you sell your home or vacate it for other reasons, the accrued interest plus what you have received or has been paid on your behalf through the years is paid when the house is sold. Residual equity in excess of the RM is paid to you or to your estate. For more information, see our Questions & Answers page. Visit our page with links to much excellent online information about reverse mortgages, and read general information about Reverse Mortgages in leading publications