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REVERSE MORTGAGE

1. A Reverse Mortgage can help you maintain your financial independance or improve your quality of life.

2. It will allow you to remain in your home and keep title to your property as long as you comply with loan terms.

3. The money you receive is tax-free. It is not usually considered income. Confer with your tax advisor.

4. You make no payments of principal or interest until the loan ends or the house is due. It is still your responsibility to pay taxes, insurance and keep the home maintained.

5. You cannot owe more than the value of the house at the end of the loan.

 

This material is not from HUD or FHA and has not been approved by HUD or a government agency.

Nationwide Home Loans, Inc.

NMLS #1451324

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Nationwide Home Loans, Inc.
400 Chesterfield Center Suite 400, Chesterfield, MO  63017
Office:  (636) 530-9700
Cell:  (314) 229-1040
Maryf@NationwideSTL.com
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