Reverse Mortgages

Imagine having the cash to do what you need, when you need it! Pay your monthly expenses, pay your healthcare costs, set up a trust fund for your children or grandchildren, or even pay off their mortgage.

Introducing the Reverse Mortgage, exclusively for senior citizens. If you are 62 or older, and have a significant amount of equity or your primary residence is paid off, you qualify for this unique HUD program. A reverse mortgage allows your house to pay you a tax-free “salary” based on the equity you’ve built up in it. Best of all, you still own the house free and clear.

The Cash You Need…
       …Is Right at Home.

At American Advantage Mortgage Company, we specialize in Reverse Mortgages. We work with you every step of the way to make sure you’re comfortable with them, too. Here’s how it works:

• Based on your age and the appraised value of your home, we’ll tell you how much cash you can get. If your house isn’t yet paid off, we’ll factor in that amount.
• You’ll choose if you want your money in a lump sum, as monthly payments or as a credit line where you can write checks against it.
• The reverse mortgage will be due when you permanently leave the house, but not until then. So if you’re planning to stay a long time, you can relax!
• This is a government program. So you’ll also meet with an independent FHA counselor who will review the terms with you, so that you are comfortable moving forward.

Want to learn more? Call us today.

Secure Your Future.
Call today, 1-877-LOAN-681.

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