Carteret Mortgage
Address:9307 Somersby Court
Laurel, MD 20707
410-531-7120
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A reverse mortgage allows you, a senior homeowner, to access the equity in your home without having to meet income and credit requirements and without having to make regular monthly payments. Based on your age (all borrowers must be 62 or older) and the value of your home, a certain dollar amount is available to you. These funds are available in several ways. You can choose a line of credit, a lump sum distribution, a monthly payment sent to you that will continue as long as you reside in your home, or a combination of these options.
You can use this extra cash for any purpose and do not have to repay the loan as long as the property continues to be your primary residence. You might choose to improve monthly cash flow, pay for medical expenses, or pay off other obligations such as an existing mortgage, auto loans or credit card balances. Many seniors are able to eliminate all of their loan payments with a reverse mortgage, greatly improving the quality of their lives. Other seniors have used their reverse mortgage funds to purchase long-term home health care insurance, fund their grandchildren’s college tuition, take care of home improvements, go on that long-postponed cruise or purchase that much needed new car, all without any increase in monthly loan payments.
Find out how much you can receive by using this link:
About Susan Dolinka:
Susan Dolinka is a well known and highly regarded expert in the reverse mortgage industry. In addition to offering comprehensive mortgage solutions for customers that meet all of their financing needs, she has spent the past 6 years specializing in developing personalized mortgage solutions that enable retirees to stay financially independent through the use of reverse mortgages. Susan has established a successful track record and demonstrates unique skills that are targeted at maximizing her clients
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