Peak Home Mortgage | 25147 Foothills Dr. N| Golden, CO| 80401| Tel: Cell 303-378-4003 - NMLS 1008665 - CO Lic. 100044763
Call us: 303-526-9620
Mortgage Loans to fill your
needs
Our services are available in Denver, Boulder, Longmont, Loveland, Greeley, Ft. Collins,
Colorado Springs, Pueblo, Mountain cities, Grand Junction, Montrose, Durango and every
city in between. Just give us a call and we will be able to let you know if we can help in a
few short minutes!
What is a Reverse Mortgage?
A Reverse Mortgage, at its simplest, is a government-insured loan. It is a
financial tool that allows you to access the equity in your home and convert it
into tax-free cash. This is a great way make retirement more like you dreamed.
How does a Reverse Mortgage work?
With a Reverse Mortgage, there are no monthly payments from you. As one of
your most important assets, your home usually holds a certain amount of
equity. Because of this equity, when the time comes someday for the loan to be
repaid, the value of the home when sold is able to re-pay the loan. Meanwhile,
you are able to live in the home for as long as you like without making
payments.
Will I still own my home with a Reverse
Mortgage?
Yes. With a reverse mortgage, as long as you pay your taxes and insurance and
otherwise comply with the loan terms, you will retain ownership of your home.
The bank only takes title of your home if you do not meet these obligations.
One of the most common misconceptions about Reverse Mortgages is this little
piece of information. The truth is, as long as you pay your taxes and insurance
and otherwise comply with the loan terms, you remain the owner of the home
and may live there for as long as you wish.
What are the Reverse Mortgage qualifications?
To qualify for a Reverse Mortgage, you must be 62 years or older, own your
home, and occupy it as your primary residence. We are a Reverse mortgage
Lender and can help you today!
What are the benefits of a Reverse Mortgage?
You are afforded greater financial freedom and control, providing you with
security and dignity.
You will not lose Social Security or Medicare benefits.
You can never owe more than the value of your home.
As long as you reside in your home, you do not have to make payments on the
loan.
The funds lent to you are tax free! Get reverse
mortgage information
Colorado
Reverse Mortgage
Loans
There are many different loans and often more than one that will work
for you. Lets talk, Peak Home Mortgage invites you to talk with us and
let us help you decide what is best for you. Review the other options
below