If you are a homeowner 62 or older, you may qualify for the HUD-subsidized program that will yield tax-free income. You must call and talk to a qualified specialist who will explain the process to you and determine if you are eligible.
A reverse mortgage is a unique loan that enables senior citizens to convert part of the equity in their homes into tax-free income without selling the home, giving up title, or taking on a new monthly mortgage payment. It does not affect your social security or medicare benefits. There is no income or credit qualifications. Based on certain criteria, the program will pay off your existing mortgage and back taxes. You must call to qualify. For more information, call Toll Free 1-775-665-1234 [enter code: 724-730-0164#] or Direct (724) 730-0164.
Think about yourself, your parents or grandparents. If they are struggling ... help them!
Jacquelyn E. Nixon, RMS, CSA
Financial Freedom Senior Funding Corporation
www.financialfreedom.com
www.hud.gov
www.nrmla.org
www.businessnetworkleague.com
