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There is good news for Senior Home Owners over 62 years old. The U.S. Government through HUD has an insured loan program referred to as a Reverse Mortgage that only Senior Home Owners are entitled. It is Federally regulated and Government insured to protect Seniors. The sole purpose is to enable Seniors to get to the equity they've built in their homes so they can continue to live in their home. Under this program, Seniors still own their home with their name(s) remaining on the title while eliminating mortgage payments for the rest of their lives. There may even be enough equity to also finance "Long Term Care". A Reverse Mortgage is based mainly on two things; namely, the age of the Senior and existing equity in the home and not on income or credit history. This is an option that all Seniors should know about and is the mission of of our company.

To see how you might qualify for a Reverse Mortgage Click Here to use our Calculator

To learn more about this program contact one of our specialists. You won't have to provide income or credit information.

In Northern Illinois call - 866-206-5402

In the 217,309 and 618 Area Code area call - 866-206-6037.

A Reverse Mortgage Program allows a senior homeowner (62+) to exchange a portion of the equity in their home for a Tax Free Income. The Reverse Mortgage Program has NO Monthly Payments required for as long as you live. The Reverse Mortgage Program provides Tax Free Cash that can be used for any purpose. With a Reverse Mortgage you retain the Title to your Home. That means with a Reverse Mortgage you can sell your Home at Anytime. A Reverse Mortgage allows you to receive the Cash in Monthly Payments, A Lump Sum, A Line of Credit, or a Combination of the above. A Reverse Mortgage does not affect Social Security and Medicare. With a Reverse Mortgage there are No Income, Credit or Health Qualifications.

The Process:

·                       Educate yourself about a Reverse Mortgage.

·                       Get a free information package about a Reverse Mortgage.

·                       Speak with a qualified lender about your options with a Reverse Mortgage Program.

·                       Consult a trusted family member or financial advisor about the benefits of a Reverse Mortgage.

·                       Schedule a counseling session with a not affiliated with Senior Lending Options counseling group  about a  Reverse Mortgage Program.

·                       Upon reaching a decision to pursue a Reverse Mortgage you need to complete an application with a qualified senior Loan Specialist.

·                       The Senior Loan Specialist will begin the process by ordering an appraisal, title work, and other related documentation.

·                       The Reverse Mortgage is submitted for final approval and then is scheduled for closing at a location convention for you.

·                       At funding of the Reverse Mortgage you receive your Tax Free Cash.

To learn more about Reverse Mortgages please feel free to contact one of our Senior Loan Specialists. If you live in Northern Illinois call 866-206-5402, and in the 217, 309 and 618 Area Code call 866-206-6037.