Best Reverse Mortgage Solutions in Austin, Dallas, Houston, San Antonio and ALL of TEXAS
The Reverse Mortgage Professionals
1st USA Reverse Mortgage, LLC/The Valdez Group is not here to sell you products. We are here to help you find solutions to your needs. We understand that any Reverse Mortgage is a big decision and should not be taken lightly. Our first priority is to educate and to find the right program to fit your needs and one that will benefit you for the future.
A Home Equity Conversion Mortgage (HECM’s), also known as Reverse Mortgages are federally-insured and backed by the U.S. Department of Housing and Urban Development (HUD). HECM loans can be used for any purpose.
A Reverse Mortgage is a Financial Retirement Tool
Many financial advisors are recommending the Reverse Mortgage program to homeowners age 62 and older as a successful retirement planning tool. Here are a few ways to structure your pay options.
- You can choose to take money as a lump sum or receive monthly disbursements that can be used to pay for living expenses. By doing this, your other investments or benefits will have more time to grow in value before accessing them.
- You can also start a line of credit without withdrawing any money. With the line of credit, the available money increases in value over time giving you more money available to access in the future. The amount of money available can even exceed the value of your home and is not affected by changing home values.
We think every homeowner should consider getting a home equity conversion mortgage line of credit as soon as they turn 62. This great financial tool gives peace of mind in safeguarding your financial future.
Call The Reverse Mortgage Professionals Today
Our Reverse Mortgage loan programs are set up to meet the needs of homeowners that are 62 and older. In the state of Texas both spouses must be 62 years or older to qualify for the Reverse Mortgage. A reverse mortgage is a financial tool that helps in leveraging the homeowner’s equity and expanding their retirement. It’s a way for the seasoned homeowner to access the equity they’ve built up in their home and turn it into tax-free income, having no monthly payments at the same time and maintaining it as their primary residence. *
Texas also have a new program call the HECM for Purchase allowing a homeowner 62 or older to purchase a pre-existing home or new principle residence and at the same time typically having no monthly mortgage payments as long as the loan terms are met.
Call for more Information on the HECM for Purchase.
“Endless Possibilities .. .We’re All About Helping Seniors.”
*Must maintain property as primary residence and keep property insurance, taxes and HOA current.
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