What began as research for my own Mother developed into a 9-year career selling reverse mortgages and I couldn't imagine doing anything else. I would love the chance to talk with you about the "power of reverse" and how I can help you live your retirement years to their absolute fullest. I'm happy to answer any questions you might have. What is a Reverse Mortgage? A Reverse Mortgage or Home Equity
Conversion Mortgage (HECM) is a government-insured reverse mortgage. HECM loans offer many different options on interest rates, how much money you can access, and how you receive your payments. A Reverse Mortgage can provide you with a lump sum, a line of credit, or monthly income. All reverse mortgage money is tax-free. Reverse mortgages require no monthly payments and no repayment of the loan as long as you live in the home and the obligations of the mortgage are met. Who Qualifies? Borrower Requirements:
• 62 years of age or older
• Own your home (houses and some condos qualify; those with existing
mortgages may also qualify)
• Occupy the property as your principal residence
• Not be delinquent on any federal debt
• Participation in a consumer counseling session with a HUD counselor -
contact Marvis for counseling information.
