If all the home owners living in the home are 62 or older, they are qualified to obtain a Reverse Mortgage.
The benefit of reverse mortgage is there is no monthly payment.
The interest on the mortgage is added to the principal every month.
Owners can live in the property as long as they want.
Reverse mortgage can be done for purchase or for refinance of a home.
For more information contact us today (410) 715-4567
