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Reverse Mortgage Loans - Start Living a Better Life Today!

Discover in 2 minutes if a reverse mortgage is right for you and we will also give you a FREE Information Kit

senior reverse mortgage

Reverse mortgage loans have been helping senior homeowners for more than fifty years. Transforming seniors’ equity to work for them.

 

Reverse Mortgage Guidelines

A person has to be at least age 62 to be eligible. You can use the money for most purposes you desire such as paying health bills to upgrading your home. It is different from the standard home equity loan, as a reverse mortgage has no stipulation to be repaid right away, and possibly not even within your lifetime.1

The property can be a single family residence, or 2 to 4 unit property with the borrowing living in one of the units. Or even a condominium or manufactured home, but it has to be HUD-approved and meet FHA requirements to be eligible.

Discover in two minutes if a reverse mortgage is right for you and we will also give you a FREE Information Kit

1. Events that trigger the loan to be repaid are when the borrower moves or sells the property, failing to comply with all obligations of the loan, or once the surviving spouse passes away.

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1st Nationwide Mortgage Corporation
65 Enterprise
Aliso Viejo, CA 92656
(949) 207-3399

An Equal Housing Lender -   NMLS #1281

© 2005-2016 1st Nationwide Mortgage Corporation. Trade/service marks are the property of 1st Nationwide Mortgage and/or it's subsidiaries. All rights reserved. * 1st Nationwide Mortgage offers these products through our family of companies. Purchase loans and Refinance loans are available for Jumbo mortgages , 30 year fixed, 15 year fixed, FHA loans, VA loans, HARP loans and Reverse Mortgages. *All of the scenarios listed above are subject to various credit debt to income ratio requirements that are subject to change without notice. This is not an offer for extension of credit or a commitment to lend. Loans subject to approval. Rates and programs subject to change without notice. These materials are not from HUD or FHA and were not approved by HUD or a government agency. This is not an offer to enter into a rate lock agreement under CA law, or any other applicable law. CA Loans made or arranged pursuant to California Finance Lender Law License 603K287 and CA Bureau of Real Estate, Real Estate Broker - Broker#01517084, (213)620-2072, California Department of Corporations, Alaska #AK1281, Colorado Mortgage Company Registration, Florida MLD1423, Texas SML #1437886, Oregon Mortgage Lending License ML-5326, Virginia #MC-6675, Washington Consumer Loan Company CL-1281 NMLS Consumer Access.

We have helped thousands of customers refinance or buy new homes over the last decade, earning us an A+ rating with the Better Business Bureau