Colorado Reverse Mortgages
Lender Closing Costs or points.
Homeowners ages 62+ may be
pleasantly surprised with the thousands of dollars of savings in the
easily obtained Reverse Mortgage product. Taylor Mortgage Group offers retirees Colorado Reverse Mortgages
with NO points and NO lender closing costs.
Colorado home mortgages, or forward mortgages in this context, commonly
require substantial indications that an applicant will be able to make
payments on their home loans. The physical property and
equity already paid serve as collateral for the Colorado reverse mortgage. In contrast, reverse mortgages on
Colorado homes do not require such evidence.
One FHA product, the HECOM, is used for 95 percent of all reverse mortgages.
Seniors are now joining others who have already taken advantage of the Reverse Mortgages available as one of today’s Colorado home loan options
Senior interest is growing and many are considering applying for Reverse Mortgage home loans.
Because they chose a fitting Reverse Mortgage for their circumstances,
quite a large number of homeowners have opted to remain in their
Colorado homes free of mortgage payments. These seniors employed
Reverse Mortgage home loan products as tools to create financial
independence. The Reverse Mortgage can fund anything from healthcare to
home modifications to travel plans. Click title for more....