Retired and need monthly cash without having a mortgage payment? If you're 62 or older, MyPrimeHomeLoan.Com can help you obtain a Reverse Mortgage Loan. This program can convert the equity in your home into cash flow for you, without selling your home or needing to make monthly payments. Call us today & see if you can benefit from a Reverse Mortgage Loan!
Reverse Mortgages to Purchase New Property
Whether you're planning ahead for retirement, or already there and looking for a good source of income, MyPrimeHomeLoan.com can help you take advantage of your home's equity and turn it into a cash flow tool for you!
Reverse Mortgage Options
Did you know you can use your home's built up equity to purchase a new home entirely, without any mortgage payments? This program utilizes a reverse mortgage to help you purchase a Brand New Property without any monthly mortgage payment!
How does it work? You can purchase a home by combining a one-time investment of your own funds (down payment) with loan proceeds from a Home Equity Conversion Mortgage (HECM) to complete the transaction.
However, unlike a traditional mortgage, there are no monthly mortgage payments, which can help boost your cash flow. You own the home as long as you live in it. The loan does not have to be repaid until you sell the home or no longer live there as your primary residence. See the graphic below for an example!
Call us for details at (800)600-MPHL ext 102.
Rapid Retirement Program
Looking ahead to your future? Well done! We can help you get where you need to be. Whether you want to pay off debts to allocate more income into retirement savings or if you'd like to parlay your home's equity into an aggressive investment fund, MyPrimeHomeLoan.com can help. We work with some of the best financial advisors in Southern California and can help you make the best decision for your future. CLICK HERE for more information on our Rapid Retirement Program!