Reverse Mortgage Proposal
There is no cost or obligation to request our reverse mortgage proposal. Our reverse mortgage proposals are much more than just numbers. There is a ton of great information included as well. Our reverse mortgage proposals include the following information:
- Loan options – Side by side comparisons of the various loans available.
- Estimated fees – Gives you an idea as to the cost of a reverse mortgage.
- Loan amounts – How much equity you can gain access too.
- Explanations of the loan options – Explains the pros and cons of the loan.
- Graphs and charts – See how the loan works from a visual stand point.
- Amortization schedules – See how the loan works from a numbers stand point.
- Total Annual Loan Cost (TALC) – See the cost of the loan over time.
- List of approved HUD counselors.
- Preparation material for your counseling session.
- Booklet – “Use Your Home To Stay At Home” from the National Counsel on Aging.