Private Label Jumbo Reverse Mortgages now provide added flexibility and options for High- Value Homes, non-FHA eligible properties, and other scenarios that may not be eligible for the government insured HECM Reverse Mortgages.

Purchase a new residence with a Jumbo Reverse or stay in your existing residence and refinance with cash out and/or consolidate debt for more financial flexibility in retirement.

Program features include:

• Now available for those 55 or older
• Attractive Self-Insured rates with No Mortgage Insurance (MIP)
• Greater flexibility with high-value homes to pay off mortgages, debt and access funds for retirement.
• Greater flexibility that allows homeowners to use loan proceeds to pay off installment and revolving credit card debt to qualify for the loan.
• Fixed rate program with loan amounts up to $6.5 million.
• Attractive option for condominiums that are not FHA approved.
• Easy qualifying designed to mirror the HECM Reverse for retirees and seniors.
• Properties - Single Family Homes, Townhouses, Row Houses, Condominiums, 2 Unit, 3 Unit and 4 Unit owner occupied properties allowed.
• Irrevocable trusts allowed that meet program guidelines.
• New rate options introduced for higher risk loans whereby homeowners can pay up for higher principal limit access.

The Jumbo Reverse has evolved in the past several years from a high cost rigid program to an innovative formidable contender taking center stage as an attractive back up to the HECM Reverse. This allows us to provide a much broader array of options and eligibility to help our customers when combined with the HECM Reverse.

See alternative Jumbo Reverse Second Trust - Florida Only

To read more on Jumbo Reverse Mortgages, see our blogs below. Currently available in Virginia, Florida and Pennsylvania. Call us today to learn more - 703 319-2198.

• The New Jumbo Reverse Mortgage Advantage
• The Jumbo Reverse Advantage over the HECM Government Reverse Program for Retirees
• Private label Reverse Mortgages hit the Sweet Spot!
• Jumbo Reverse Mortgages Take Center Stage
• Jumbo Reverse Mortgage Success Story