Are you (or your family member) 60+ years of age with equity in your home? If so, a reverse mortgage could be the answer! Imagine having more money every month to do the things you’ve always wanted. There are many companies that offer reverse mortgages. C2 Reverse Mortgage is a national company that provides local, expert loan officers that live and work near you. Kathy Blond takes a family-oriented view of business and loves meeting with other families to discuss their needs. Kathy brings the experience and energy that makes the whole process smooth and easy for you.
Proprietary / Jumbo Loans Are Available
If you own a home valued over 1 million dollars (or own a condo that is over $500K that is not FHA approved), and you need more money than the HECM can offer, a Proprietary / Jumbo Reverse Mortgage may help you. While the interest rate is higher than the HECM, you do not have to pay the mortgage insurance premium.