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HOMEFINDER’S GUIDE | August 2019
homefindersncw.com
CHOOSE FINANCIAL INDEPENDENCE! H E C M
F O R
P U R C H A S E
HOME BUYER’S GUIDE
H4P Program Down Payment Matrix
For those age 62 and better...
Learn A Little Known 1. You retain Title to your home! Strategy to Buy Your
2. Home passes to your heirs! Dream Home Eliminate a current mortgage payment* or receive Tax Free cash! with No 3. Monthly
Mortgage Payments * As homeowner you remain responsible for property tax, insurance and any hoa fees.
Sound surprising?
Borrower must occupy home as primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.
We invite you to call today for your Free Report – 509-293-7430
These calculations are based on a variable rate HECM with an expected rate of 5.010% and an initial rate of 5.290% as of January 31st, 2019. APR (Annual Percentage Rate) Range 6.463%-8.055%. Loan charges include origination fees, mortgage insurance premiums, and settlement costs which are to be determined. Some of these fees may be financed into the loan. Interest rates and funds available may change without notice and not be available at the time of loan commitment. Prices subject to change. Please speak with your licensed loan officer to receive current rates including fixed rate options.
Want to learn more?
Contact us today for Free Information, or better yet, schedule your free, no obligation one hour HECM for Purchase class and get the facts, that really pay!
This information is for illustrative purposes only. Estimated fees, including up-front FHA mortgage insurance premium range from $11,000 to $21,000 depending on the value of the home (included in mortgage). Closing costs vary from state to state and can affect down payment. Please check with your HECM Loan Officer for actual figures. Your loan balance and interest will become due upon a maturity or default event such as no longer living in the home as your principal residence, failing to pay your hazard or property taxes, or failing to maintain your property.
Call for your free copy today: 509-293-7430
PROTECT YOUR R ETIR EMENT! TED BUTLER
Reverse Mortgage Advisor NMLS #71436
The Voice of Reverse MortgageTM www.TheVoiceOfReverseMortgage.com
Direct: (509) 293-7430 Email: tbutler@rfslends.com
A Mutual of Omaha Bank Company
Synergy One Lending Inc. d/b/a Retirement Funding Solutions, NMLS 1025894. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act – California License 4131356. Subject to credit approval. RFS.81518.509.V1