Is a Reverse Mortgage the Right Solution for You?

Reverse mortgages are designed for homeowners 62 years or older who own their own homes. They allow homeowners to convert their home's equity into cash without having to make monthly loan payments. Best of all, the homeowner retains full ownership of their home.

Highlights:

• Repayment is not based on monthly income, but rather the equity in your house
• Borrower retains full ownership of the home
• No repayment is made until the borrower no longer lives in the home
• The loan can be paid off early, and the home does not need to be sold to make repayment
• All remaining equity after repayment belongs to the borrower, or his/her heirs
• Borrower never owes more than the value of the home at sale
• Social Security and Medicare benefits are generally not effected - consult with an advisor

Consult with our Reverse Mortgage Specialist to learn more: Don Pasini 603-790-1205, 800-281-5772 ext. 1205, or by email.