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reversem

If you are 62 years of age or older and have equity in your home, a reverse mortgage can turn that equity into cash, al ine of credit, monthly income, or a combination thereof. There is no credit or income qualification, and best of all you always retain ownership to your home.

Potential Reverse Mortgage Benefits:

• Provides easy access to the equity you have built in your home

• Delivers increased tax-free* monthly income

• Eliminates required monthly mortgage payments

• Provides funds which may reduce month-to-month financial burdens

The amount of money you receive is dependent upon several factors: your age, the value of your home, current interest rates, and the specific plan you choose. Costs vary from one program to another.

Call Stateside Funding today to learn more information on reverse mortgages.

 

 

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