With a reverse mortgage loans, homeowners are able to tap into the equity in their homes to provide cash to help meet expenses, such as medical costs. Reverse mortgage loans are only available for homeowners who are:
- 62 years of age or older
- Occupy the property as a principal residence
- Own the home outright or have significant equity in the home.
- Use a Reverse mortgage loan to purchase a home as a primary Residence.
All loans subject to credit approval. Mortgage financing brokered by Mortgage Miracles Happen, LLC. Equal Housing Lender.
Mortgage Miracles Happen, LLC is a mortgage broker in Arizona, Colorado, Florida, Texas & Utah. NMLS: 1289680; Arizona: 0937981, Colorado, Florida License # MBR1900, UT license # 7380298 Utah DRE; Texas TDSML Texas Recovery Fund.