A reverse mortgage loan in Genoa is an option that could give you financial flexibility and peace of mind. If you are 62 years of age or older, own your own home, and are in need of cash, the reverse mortgage loan may be something for you to consider. Seniors in Genoa will benefit from our specialized lending experience. Give us a call to find out if you could have access to financing especially suited to your needs.

Genoa Reverse Mortgage Loan Officer

You could use this type of loan to buy a new house or refinance your current house. What makes this different from a regular mortgage is that you won't be committed to monthly payments. We are a Genoa OH reverse mortgage lender - and we know that is what our clients want to hear. We originate, process, underwrite, fund and service all of our loans- who else could offer them the same level of care? The last part about servicing their loan has been key for us; with so many different options out there these days it's important they feel confident in working with us throughout their entire experience.

Can Anyone Apply for a Reverse Mortgage in Genoa OH?

Reverse mortgages are a great way to access the equity in your home, but they can be confusing. Today’s Genoa OH seniors have all sorts of financial challenges and reverse mortgages are one of the most flexible ways to release that equity. But there is so much information out there about reverse mortgage programs that it can feel overwhelming trying to figure out which option is best for you. There are limitations on the value. Currently, only a home's $822,735 is eligible for consideration of a reverse mortgage loan in Genoa OH. This means if you have million dollar property and seek to use it as collateral in lieu of cash from another source such that an individual can live off it during retirement age without having any other income sources; then your maximum limit will be based on FHA limits instead with not regard to how much money they worth through resale or otherwise bestateuse there won't be anything left after taking out this sum and fulfilling all obligations owed against them by the bank when time comes due - even if they were sold at market rates well above what was originally put into them (i.e., 10 times more).

What Sort of Documentation Do I Need to Apply for a Reverse Mortgage in Genoa ?

A reverse mortgage is a fantastic solution for seniors to meet their financial needs and many people find it the perfect solution. Every senior in Genoa has retirement goals that are different, so if you're having trouble with finances then this might be right up your alley! When it comes to retirement, your needs are unique and every person handles their finances differently. A reverse mortgage can provide Genoa seniors with the financial security that they need as well as take some of the stress out of planning for a financially secure future.

Have Questions? - Call Me

A reverse loan doesn't take any of the homeowner's responsibilities away from you. It simply provides you with financial relief as long as you are living on that property. You will still be required to pay property taxes, fees, and insurance. The only difference is that you get to pay the loan back at your own pace. These loans allow many seniors in Genoa to transition into retirement with ease. I am happy to answer any and all of your questions about getting a reverse mortgage in Genoa . I have a ton of experience, so feel free to ask me anything! The right reverse mortgage lender in Genoa can mean the difference between a smooth process and one that leaves you frustrated. To find the best rates, it's important to compare quotes from several different lenders. It may seem like an extra step but this method will ensure you get your dream home at competitive prices without any of those pesky bank fees or surprises along the way! One of out Reverse Mortgage Specialist in Genoa will answer any and all of your questions about our company's services. The first step is to call us. We look forward to hearing from you.

I do business with elderly home owners in these areas also: Westerville, Orange, Worthington, Liberty, Mifflin Most people looking at a reverse home loan would like to deal with someone that is local. Truth be told I agree with this. Why on earth wouldn’t you do business with a loan officer over the phone when you can deal with a lender in Genoa face-to-face?