Julie McKinney
Mortgage Broker
925-997-9046
REVERSE MORTGAGE SPECIALIST
Enjoy a More Secure Retirement
Could you use additional funds to supplement your retirement? Are you a home owner over 62?
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A Reverse Mortgage or Home Equity Conversion Mortgage (HECM), is a special type of home loan that lets you convert a portion of the equity in your home into cash.
The equity that you built up over years of making mortgage payments can be paid back to you. Unlike a traditional home equity loan or second mortgage, HECM borrowers do not have to repay the HECM loan until the borrowers no longer use the home as their principal residence.
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Benefits of a Reverse Mortgage include:
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Tax free income from your home.
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More money in your pocket to do what you want with, such as travel.
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You will still own your home!
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No monthly mortgage payments required.
Is a Reverse Mortgage right for you?