Reverse Mortgages

A safe & smart financial option for Senior Homeowners!

PURPOSE:
- Payoff current mortgage on the home
- Create additional monthly income
- Set up an emergency fund with a line of credit
- Update or make repairs to the home
- Hire in-home health care of pay medical expenses
- Purchase long term care insurance
- Travel, buy a car, help grandchildren in college, etc.

QUALIFICATIONS:
- Must be at least 62 years of age
- Own and occupy the home as a primary residence
- All mortgages and liens against the property need to be paid or subordinated prior to closing (can be from loan funds)
- Attend an information session by an approved counseling agency

BENEFITS:
- Title to home remains in borrowers name
- Money received is tax free - it is a loan against the future value of the home
- No monthly payments - we pay them!!!
- No restrictions on the use of funds available
- Loan is due when borrowers no longer occupy the property

Please call us at (800) 488-1730 if you have questions about obtaining a reverse mortgage.

sdloans.com, 11440 West Bernardo Court, Suite 300, San Diego, CA 92127
Phone:  (800) 488-1730 or (858) 713-7550  Fax:  (858) 451-1927
E-mail:  loans@sdloans.com