A reverse mortgage is a general available to people 55 years of age and above who have either a paid-off house or have significant equity in their house. Generally retired people need access to funds because of personal and family financial obligations or medical bills resulting from declining health. They may not qualify for a traditional mortgage because they may not meet income requirements from the lenders. A reverse mortgage is a tool available to seniors to access the equity in their homes to pay for their financial obligations.
Urgent Mortgages Inc. prioritizes the need for research and perusal so our clients can understand the options and opportunities available to them. As mortgage specialists, we can help you explore various kinds of reverse mortgages, and compare prices and payment plans before deciding the right option for you. Our specialty lies in helping our clients enjoy a streamlined and speedy mortgage approval process. Our team members are always available for consultation 7 days a week by appointment and will be happy to walk you through the process.