Prequalify for you next home purchase right here.
©2011 myFHAmortgage.com - All Western Mortgage Inc. All Rights Reserved.
30 Year Fixed
3.750% 3.825% APR
15 Year Fixed
3.250% 3.316% APR
5 Year ARM
2.500% 2.912% APR
Rates as of:
3.750% 3.825% APR
15 Year Fixed
3.250% 3.316% APR
5 Year ARM
2.500% 2.912% APR
Rates as of:
myFHAmortgage.com
Powered By:
Improve your quality of life and let your home start paying you with a government insured reverse mortgage. Call us today for more information!
A Reverse Mortgage May Be Right For You
A Reverse Mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. If you are 62 years or older and have equity in your home, this may be the right loan for you. Reverse mortgages are government insured loans (FHA) that do not ever have to be paid back as long as the borrower continues to live in the home. The loan can be set up to make lump sum or cash payments to the borrower. To be eligible, borrowers must be at least 62 years and take government sponsored reverse mortgage counseling to make sure they understand all aspects of the program.
Programs Highlights
· No Mortgage Payments Ever Again!
· No Restrictions on Funds - Use the Money for Whatever You Want
· Must Be 62 or Older
· No Income or Credit Score Restrictions (You can even be in foreclosure.)
· Government Insured Loan
· Mandatory Counseling From a HUD Approved Counselor
· You Retain Title to the Home
· Pay Yourself - Monthly or Lump Sum Payments or Line of Credit
· Fixed or Adjustable Rates
A Reverse Mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. If you are 62 years or older and have equity in your home, this may be the right loan for you. Reverse mortgages are government insured loans (FHA) that do not ever have to be paid back as long as the borrower continues to live in the home. The loan can be set up to make lump sum or cash payments to the borrower. To be eligible, borrowers must be at least 62 years and take government sponsored reverse mortgage counseling to make sure they understand all aspects of the program.
Programs Highlights
· No Mortgage Payments Ever Again!
· No Restrictions on Funds - Use the Money for Whatever You Want
· Must Be 62 or Older
· No Income or Credit Score Restrictions (You can even be in foreclosure.)
· Government Insured Loan
· Mandatory Counseling From a HUD Approved Counselor
· You Retain Title to the Home
· Pay Yourself - Monthly or Lump Sum Payments or Line of Credit
· Fixed or Adjustable Rates
