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Reverse Mortgages

Reverse mortgages are loans for older homeowners that allow them to convert home equity into cash.

If you are 62 or older, a reverse mortgage lets you hold the title and keep living in your home, while collecting payments generated from a loan secured by the home’s equity. Opt for a lump sum payment, or take monthly cash advances during the life of the loan. Because the money is paid as a loan, it’s not considered taxable income and won’t affect Social Security or Medicare benefits.

For more information on reverse mortgages click the link below.

 www.reversemortgagemarketplace.com

Becky Sikorski, Sr Mortgage Consultant NMLS #355986
Marketplace Home Mortgage, LLC
17595 S Tamiami Trl Ste 265, Fort Myers, FL  33908
Direct:  (941) 628-2320
Office:  (239) 227-2500
Fax:  (239) 790-5658
bsikorski@marketplacehome.com
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