What is a Reverse Mortgage?
Are you a senior aged 62 or older and ready to redeem the investment of your home’s value? Then its time for a reverse mortgage.
A Reverse Mortgage from Omega Mortgage Group allows you to tap into your home’s value and possibly become more financially secure to maintain “the quality of life” throughout retirement. When a homeowner has built up considerable equity in their home, it’s an opportunity to turn that equity into cash for meeting certain needs.
When you have built up considerable equity in your home, it’s an opportunity to turn that equity into cash for meeting certain needs during retirement.
Features & Highlights
- You remain the owner of your home
- There are no monthly mortgage payments required from you
- You are protected if the housing market declines
- You may choose from several options of disbursement