Reverse Mortgage Eligibility

Discover Your Reverse Mortgage Eligibility Today!

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Reverse Mortgage Eligibility 

Discovering your reverse mortgage eligibility is the first step in your research. Your eligibility is based on your age, amount of equity, and type of home. If you are eligible for a reverse mortgage, the next step is deciding when you want to take advantage of your benefit.

Timing is very important with reverse mortgages; if taking out a reverse mortgage now won't be in your best interest or won't help you meet your goals, we will let you know. If you are already talking with another reverse mortgage advisor about a reverse mortgage and they are rushing you or telling you not to wait- it may behoove you to get a second opinion from us.

If now is the time for you, we will show you why, and explain how the timing affects your benefit and possible eligibility.

Conversely, if you have been told no in the past or looked into this previously and were not satisfied with the terms, the timing could have been all wrong for you. Answer the questions below to get a better idea of your reverse mortgage eligibility. We don't just do reverse mortgages, we guide homeowners to a more secure future through education.

To find out your reverse mortgage eligibility, simply answer these questions about your home and your plans for the future.  To get the most accurate results from our reverse mortgage eligibility assessment, be sure to:

  • Answer as many questions as possible
  • Use correct details about your home
  • Provide accurate contact information*

*We NEVER sell your personal information.

Getting more information about your reverse mortgage eligibility and increasing cash flow during retirement will help you decide the best fit for your unique situation. After answering these reverse mortgage eligibility questions, you will uncover:

  • Whether you are eligible for a reverse mortgage
  • How much equity could be available based on your age and home value
  • How to use a reverse mortgage strategically throughout retirement as a financial tool

Please answer these questions to discover your reverse mortgage eligibility:

Your personal information will never be used for any purpose other than to help you receive helpful reverse mortgage information. Answering these questions does not obligate you to anything. Any figures provided are estimates based on the information you provide. We will NEVER sell your information, and we encourage you to discuss the information we provide with your financial advisors, loved ones, and support team. To learn more about reverse mortgage eligibility, visit our page here: Understanding Reverse Mortgages

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© 2019 Northwest Reverse Mortgage, LLC
Powered by Amerifund Home Loans Inc. NMLS #347051

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Number:
Office: (800) 806-1472
Toll Free: (800) 806-1472
Fax: (541) 253-4370

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Contact Us

Northwest Reverse Mortgage
13220 SE 172nd Ave
Ste #172
Happy Valley, OR 97086
Phone: (503) 427-1667

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Northwest Reverse Mortgage powered by Amerifund NMLS #347051. Equal Opportunity Mortgage Broker. Credit on approval. Terms subject to change without notice. Not a commitment to lend. Contents not provided by, or approved by FHA, HUD or any other government agency. All potential tax benefits should be verified with a professional licensed tax advisor. NMLS Consumer Access

At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.