You Can Use a Reverse Mortgage to Pay For:

  1. In-Home Care
  2. Assisted Living
  3. Adult Day Care
  4. Adult Foster Care
  5. Home Safety & Accessibility Modifications
  6. Durable Medical Equipment & Supplies
  7. Mortgage Payments
  8. Long Term Care Insurance
  9. Existing Medical Bills and Credit Cards
  10. Prescription Drugs
  11. Property Taxes and Home Insurance
  12. Collection & Creditors

We are here for you. Contact us to receive your free consultation and see how eBuilt Home Loans can help you. 
Call us at 888.887.3117 or email us at info@ebuilthomeloans.com.

Reverse Mortgage

Benefits of a Reverse Mortgage:

  1. Acts as a Line of Credit

  2. Receive monthly payments or large lump sum cash

  3. You can stay in your home for the rest of your life

  4. You retain ownership and can sell, pay off the loan or refinance anytime you like

  5. No monthly mortgage payments

(1) at the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; (2) charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; (3) the loan balance grows over time and interest is charged on the outstanding balance; (4) the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; and (5) interest on a reverse mortgage is not tax-deductible until the borrower makes partial or full re-payment.