Concerned About Health Issues? A Reverse Mortgage May Be The Answer.


The cost for medical treatment continues to rise, especially during retirement.
A 65-year-old couple retiring in 2017 can expect to need approximately $260,000 to cover health care costs in their nonworking years, according to Fidelity, a financial services company.

If you currently live in your own home and are at least 62 years old, a Reverse Mortgage provides an option to cover ongoing expenses, including medical fees.

A Reverse Mortgage allows you to convert some of the equity of your home into cash. Best of all, you do not need to repay the loan during your lifetime as long as you comply with all of the terms.

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Location

Headquarters
614 Old Edmondson Ave., Suite 200
Catonsville, MD 21228-3360
Toll Free:
1-800-420-5515

Maryland Office:
410-788-7070

Eastern Shore Office:
410-600-0600

District of Columbia:
202-719-0625

Virginia:
703-879-2316

Licenses

NMLS # 179014
www.nmlsconsumeraccess.org

Maryland - Lender # 06-20057

District of Columbia - Mortgage Broker # MLB179014

Virginia - Licensed by the VA State Corp. Commission, Mortgage Broker # MC5642

Social Media

Reverse Mortgage Answers on Facebook

Recently, we helped a client who inherited a property with her brother and sister. She wanted to keep the home, but the house was left to all the siblings. She lived on a fixed income, and she could not afford a monthly mortgage payment. Her lawyer referred her to me, and she gave me a call. We were able to use the Reverse Mortgage to pay off her siblings so she would become the sole owner and remain in the home. ... See MoreSee Less

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5 days ago

Reverse Mortgage Answers

After a person does a Reverse Mortgage, does he or she have any responsibilities afterward? ... See MoreSee Less

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After a person does a Reverse Mortgage, does he or she have any responsibilities afterward? Let's find out the correct answer to that today at 4:00 p.m. with Mr. Mark McVearry. We hope that our weekly live videos are educating you about the Reverse Mortgage in a short, but effective manner. See you soon! ... See MoreSee Less

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