Reverse Mortgages of Illinois (Listing id 28026)

Phone No : 847 540-5024

25130 N Ellrie Terrace
Lake Zurich Illinois 60047
United States

Reverse Mortgages of Illinois - a branch of Seattle Mortgage - is dedicated to educating and serving the senior community with regard to the government backed - reverse mortgage
Loan Officer Training So You Want To Be A Top Producer
magine if one of the mortgage companies you broker for called you up and said: Hey, in order to serve our brokers better, we are allowing you to customize some of the plans. Tell us what rates you want to offer
loan program.A reverse mortgage is a special type of loan used by older Americans to convert a portion of the equity in their home into usable cash. The money from a reverse mortgage can provide seniors with the financial security they need to fully enjoy their retirement years. The reverse mortgage is aptly named because the payment stream is reversed. Instead of making monthly payments to a lender - as with a regular first mortgage or home equity loan - a lender makes payments to you. All the while you can rest assured in knowing that you will continue to own your home and hold title to your property. The Lender does NOT retain title to your home. The money from a reverse mortgage can be used for anything: daily living expenses home repairs and home modifications medical bills and prescription drugs pay-off of existing debts continuing education travel long-term health care prevention of foreclosure and other needs.


Reverse Mortgages of Illinois is listed in these Categories
Mortgages Lake Zurich