A reverse mortgage can give you the financial freedom you've been dreaming of!



 

Reverse Mortgage...

Our mortgage originators have decades of experienceNice Couple Considering a Reverse Mortgage between them. We know how to facilitate a Reverse Mortgage and what the best course of action is. We will be your personal financial advisor though-out the complicated process of a reverse mortgage. Our employees are experienced, trustworthy and knowledgeable in the mortgage industry. 

Click Here To Send Us A Short Inquiry Form.

Are you 62 or older?  Do you have equity in your home?  Do you have a need for extra money for ANY reason, vacation, medical or remodeling, etc?  If you answered yes, an FHA-insured reverse mortgage may be for you.

Below is some criteria for an FHA-Insured Reverse Mortgage.

    Borrower Criteria:

  • 62 years of age or older.

  • Your home must be your primary residence

  • You must own the home.

  • You must participate in a counseling session approved by FHA.

    Reverse Mortgage Loan Amount Based on:

  • The age of the youngest borrower.

  • Appraised value or the FHA insurance limit, which ever is less.

  • Current market interest rate.

    Property Type(s):

  • Single family home or multi-unit.  If multi-unit, one unit must be occupied by the owner.


An FHA-Insured Reverse Mortgage has other benefits as well, for instance

  • No income or credit qualifications are required of the borrower!!!

  • No payments are due on this reverse mortgage as long as it's your primary residence!!!

  • No Closing costs!!! All costs may be financed in the mortgage!!!

 

Having a Dream is Good, Owning One is Better!

Come visit us on beautiful Mt. Washington.

We are located at:

  • New Jersey

  • Phone: 877-533-2784

  • Fax: 412-390-3535

  • Email info@fedmc.com

Directions To Our Office.

We are licensed by the PA Department of Banking.

In Good Standing With The BBB

Phone: 412.390.3530 ~ Fax: 412..390.3535

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