Reverse Home Mortgage Information California
Did you know that the U.S. Congress has approved a program that pays off the mortgage on your home, pays you to live in your home for the rest of your life, and your home remains yours?
Best Advantage Reverse is the leading discounted reverse mortgage company in California. Best Advantage offers retirement financing solutions to senior homeowners by offering various reverse mortgage benefit options. Click here for our reverse mortgage discounts information in California.
You can use the income for anything you choose, such as living expenses, travel, paying off debts, buying a new car, home remodeling, medical care, assisted care or perscription drugs. Anything - It's a non-taxable mortgage.
We offer the State of California FHA insured reverse mortgages which are administered and directed by the Department of Housing and Urban Development (HUD).
Get Paid to live in your home. Live the retirement lifestyle you've dreamed about. Get rid of those nagging financial worries and gain peace of mind. Keep the title to your home knowing it's yours for the rest of your life.
By law, you keep your home as long as:
1. The title to your home is not transfered.
2. The home remains your primary residence.
3. You do not vacate the home for more that twelve connsecutive months.
4. You keep the property tax and hazard insurance paid and current.
5. You keep the home in good repair.
You choose what works for you from a variety of options:
1. A Lifetime Monthly Income
2. A Cash Reserve Account
3. A Lump Sum Payout
4. An Accelerated Term Income
5. A Combination Plan
Leave your home to whomever you wish. Children, grandchildren - it's your choice. The title to your home remains in your name. More and more senior homeowners have discovered that a Reverse Mortgage is a smart financial move.
See the world, or visit family and friends. Do what ever you want with the money...no questions asked! You never lose control of your home. Living independently in your home without financial worry as you get older is not just a dream. You can do it - and more - with a little help from ... Best Advantage Reverse Mortgage.
Give your Best Advantage Advisor a call. We are here to make every step easy. You can secure an income or get cash for what ever you need in just a matter of weeks from your application date.
Contact us and get more information on Federal Housing Administration (California FHA), reverse mortgage calculator & reverse mortgage lender in California.
