- Reverse mortgages may be available for seniors who are at least 62 years old and
who own their own home.
- Reverse mortgages are based on the appraised value of the home and have
associated interest charges.
- Reverse mortgages offer scheduled payments to the senior.
- Reverse mortgages are tax-free since they are a loan.
- Reverse mortgages require that principle and interest be paid back when the last
person on the loan permanently leaves the home.
- It is always advisable to check the credibility of the mortgage company with sources
such as the Better Business Bureau, etc.
Reverse Mortages
Assisted Senior Placement
Services, Inc.
Services, Inc.
| Assisted Senior Placement Services, Inc. Phone: 770-924-3253 Toll Free: 866-869-2777 E-mail: info@seniorplacement.com Copyright © 2008 Assisted Senior Placement Services, Inc. All rights reserved. |
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| A Free Referral Service Helping Seniors and Their Families Throughout the State of Georgia |