Reliable Reverse Mortgage Lenders
ByPierPointMortgage, Stamford,CT
PierPoint Mortgage | 202 Your Guide to Reverse Mortgage DISCUSSIONOUTLINE Overview ReverseMortgage TypesofReverseMortgagesSelection ReverseMortgageFeatures HowReverseMortgagesWork WhyShouldYouChoosePierpointMortgage
PierPoint Mortgage | 2022 Overview FROM PIERPOINTMORTGAGE, STAMFORD,CT Payingformedicalexpenses Moneytopayoffyourexistingmortgage Increasingyourfinancialstability Orpayinganyadditionalmonthlybills Handlingfinancialhardshipscanbecomplicatedforseniorcitizens.However,a reversemortgagecanbeaviablesolution.It’sidealwhenyouneedregular financialaidduringyourgoldenyears. Withreversemortgageloans,youcanconvertpartofyourhome’sequityintocash tomanagearangeofexpensessuchas: Areversemortgageprogramenablesapplicantstogeneratecashinflowwithout sellingthehouse.So,ifyouarestrugglingfinanciallyandconsideringapplyingfor areversemortgage,PierpointMortgageisheretohelpyou!
PIERPOINT MORTGAGE, STAMFORD-CT ABOUT PIERPOINTMORTGAGE,LLC,WASFOUNDEDIN2003AND HAVEBEENOFFERINGBRILLIANTSERVICESEVERSINCE. PIERPOINTMORTGAGEISANATIONWIDEMORTGAGE BROKERTHATHASOVER50YEARSOFMORTGAGE EXPERIENCE. ADDRESS PIERPOINTMORTGAGE(POB579) 680EMAINSTREET#559STAMFORD,CT06901 475-224-2122
PierPoint Mortgage | 2022 What is a Reverse Mortgage? Inareversemortgage,olderhomeowners receiveinstallmentsfromthereverse mortgagelender,contrarytotraditionalhome mortgagesasthehomeownersalreadyown thehouse.Thus,itallowshomeownersto withdrawaportionoftheirhome’sequity.Itis specificallymeantforseniorresidents, typically62yearsofageorolder.Theseallow seniorhomeownerstomanagetheirexpenses aftertheirretirementbyborrowingmoney usingtheirhomeassecurityfortheloan.
HomeEquityConversionMortgages(HECMs) Proprietaryreversemortgages Single-purposereversemortgages THEREARETHREETYPESOFREVERSEMORTGAGESYOU CANCHOOSEFROM: Althoughtherearevarioustypesofreversemortgagesavailableinthe market,HomeEquityConversionMortgage(HECM)isthemostpopular one.AtPierPointMortgage,ourexperiencedlenderswillexplainthe differenttypesofreversemortgagesandhelpyoufindthebestoneas peryourneeds TYPES OF REVERSE MORTGAGES
Reverse Mortgage Features PierPoint Mortgage | 2022 Beforeyouapplyforareversemortgage,youshould knowwhyitistheidealchoiceforyou. NONEEDTOPAYMONTHLYMORTGAGEPAYMENTS. NOINCOMEORCREDITCHECKISREQUIRED. IFYOURHOME'SVALUEINCREASESSINCEYOUTOOK THELOAN,YOUCANEXPECTTOGETADDITIONAL PROCEEDSBYREFINANCINGYOURREVERSE MORTGAGE. IFYOURHOME'SVALUEDECREASESWHENYOUDIE WHILETHELOANBALANCEACCUMULATEDISMORE, YOURHEIRSWON'TNEEDTOPAYTHEDIFFERENCE. THEBORROWERRETAINSTITLE/OWNERSHIPOFTHE HOME.
Consultwithareversemortgageexperttofindtheright mortgageoption. Submityourapplicationfortheloan. Thelenderusuallyreviewstheborrower’sproperty, hometitle,andappraisalvalue.Additionally,theymay alsocheckyourcredithistory. Ifyoumeettherequiredcriteria,theloanwillbe approved. Whetheryouchoosehomeequityconversionmortgages,a proprietaryreversemortgage,orasingle-purposereverse mortgage,theprocessatPierPointMortgageispretty straightforward.Simplyfollowthesesteps: 1. 2. 3. 4. Borrowerscanchoosewhethertheywanttoreceivethe reversemortgageproceedsasalump-sumpayment,fixed monthlypaymentsforlife,oralineofcredit. HOWREVERSEMORTGAGES WORK
StreamlinedLoanServices SecureLoanProcess FullyLicensedProfessionals VarietyofLoanOptions Hiringatrustworthyandreliablem astherearealsoafewfraudulentle scamyou.So,don’tgetpressuredi scams.Instead,takeyourtimecolle informationfromthebestreversem PierPointMortgage. Weareatrustedandreputedname withanextensivetrackrecordofsa Ifyouareareversemortgageborro followingbenefitswhenyouchoose Why Should Yo PierPoint Mort
PIERPOINTMORTGAGE(POB579) 680EMAINSTREET#559 STAMFORD,CT06901 475-224-2122 frontdesk@pierpointmortgage.com FollowUson: Thank you! WELOOKFORWARDYOU. WWW.PIERPOINTMORTGAGE.COM