Reverse Mortgages
A Reverse Mortgage is designed to be a financial tool for seniors 62 and older which allows seniors to supplement their retirement income by turning a portion of the equity in their homes into tax-free income. The funds can be used for anything the senior chooses, and no reverse mortgage payments are required while the senior lives in the home.
USA Title has experienced reverse mortgage closers who understand the apprehension of refinancing or purchasing a home later in life. As your preferred title company, we will provide the following services:
- Guaranteed settlement fees on the HUD-1 Statement
- Educated and knowledgable closers
- Unparalleled Customer Service
To learn more about Reverse Mortgages and to see if you would benefit from a Reverse Mortgage, we suggest the following links:
www.aarp.org
http://www.hud.gov/offices/hsg/sfh/hecm/rmtopten.cfm