Colonial National Mortgage - Benefits of a Reverse Mortgage

Reverse Mortgage

What is a Reverse
Mortgage?

Benefits

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Reverse Mortgage Home

Benefits of a Reverse Mortgage

Receive a lump sum of cash or monthly payments for life.
No income taxes paid on the cash.
Cash can be used however you choose.
No income, credit or health qualifications.
The HECM Reverse Mortgage is insured by FHA/HUD.
No repayment as long as you live in your home.
You retain the ownership of the property.
Social Security and Medicare benefits are not affected.
Your heirs receive the remaining equity after the lender is paid.

Information provided is subject to change without notice. Colonial National Mortgage shall not be responsible for any loss or damages from the information provided.
Dollar amounts are in United States currency.

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