owner occupied

owner occupied

Reverse Mortgage Purchase - Buying a home with a Reverse Mortgage

1mo ago
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#ReverseMortgage #WalnutCreekSeniors #EastBaySeniors Steve Mohseni shares his experience helping clients buy with a reverse mortgage. You can reach Steve at BayAreaHomeFinder.com or call 925-580-8011 Equal Housing Lender. HighTechLending Inc. dba The Reverse Mortgage Company. This material is not from HUD or FHA and has not been approved by HUD or a government agency. HECM’s are only available for owner occupied single family homes, FHA approved condos, and legal units up to four. Real estate and borrower(s) must meet all current FHA HECM guidelines and all borrowers must complete HUD Certified Counseling. Credit and collateral are subject to approval. The homeowner is responsible for paying property taxes, hazard insurance, any other assessments on the home and maintaining the home in a state of good condition and repair, failure to do so could result in foreclosure. If borrower doesn’t meet Financial Assessment guidelines, a Lenders Expectancy Set-aside account may be required. A reverse mortgage is a loan that includes a conditional repayment obligation. Please consult with your tax professional about your particular circumstances and eligibility for other government programs. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. HUD Approved FHA Full Eagle Lender. HighTechLending, Inc., Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. NMLS #7147. Licensed in AZ #0912577, CA #4130937, CO #7147, FL #7147, HI #7147, IL #MD-6761112, MD #21762, NC #L-165611, NJ #7147, OR #ML4386, PA #4982, TX #7147, UT #8874117, WA #7147. 2030 Main Street #350, Irvine, CA 92614.NMLS Consumer Access: www.nmlsconsumeraccess.org Kurt R Kessler Reverse Mortgage Branch Manager NMLS# 365130 Kurt@TheReverseMC.com 925-400-3850 http://www.TheReverseMortgageCompany.com Facebook: http://tinyurl.com/q9o3ltu Linkedin: http://tinyurl.com/luvthfv Youtube: http://tinyurl.com/oofwp3j Google+: http://tinyurl.com/lulgmlb Equal Housing Lender. HighTechLending Inc. dba The Reverse Mortgage Company. This material is not from HUD or FHA and has not been approved by HUD or a government agency. HECM’s are only available for owner occupied single family homes, FHA approved condos, and legal units up to four. Real estate and borrower(s) must meet all current FHA HECM guidelines and all borrowers must complete HUD Certified Counseling. Credit and collateral are subject to approval. The homeowner is responsible for paying property taxes, hazard insurance, any other assessments on the home and maintaining the home in a state of good condition and repair, failure to do so could result in foreclosure. If borrower doesn’t meet Financial Assessment guidelines, a Lenders Expectancy Set-aside account may be required. A reverse mortgage is a loan that includes a conditional repayment obligation. Please consult with your tax professional about your particular circumstances and eligibility for other government programs. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. HUD Approved FHA Full Eagle Lender. HighTechLending, Inc., Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. NMLS #7147. Licensed in AZ #0912577, CA #4130937, CO #7147, FL #7147, HI #7147, IL #MD-6761112, MD #21762, NC #L-165611, NJ #7147, OR #ML4386, PA #4982, TX #7147, UT #8874117, WA #7147. 2030 Main Street #350, Irvine, CA 92614.NMLS Consumer Access: www.nmlsconsumeraccess.org