Why A Reverse Mortgage?
Manage Sequence Of Returns Risk
Create a sustainable retirement and obtain a larger legacy to leave to heirs
Establish a Line of Credit
The Home Equity Conversion Mortgage (HECM) can help safeguard and preserve your credit over the long term
Supplement Income with HECM Tenure Advance
Continue to receive payments as alternative options to Social Security and pensions
Manage Annual Adjusted Gross Income
The Money Gained On A Reverse Mortgage Isn’t Taxable Like Money Received From Investments Or Income
Eliminate Monthly Mortgage Payment
Instead of making monthly payments, we lend you monthly payments to support your additional income
Use HECM For Purchase To Buy A New Home
A reverse mortgage can cover the cost it takes to Purchase a new home that caters to your needs as a homeowner
About the services we provide
Financial Assessment
Financial Assessments are done to make certain one has sufficient assets to pay ongoing costs, such as property taxes and homeowners insurance, over the duration of the loan.
Appraisals
An appraisal is a vital component of the reverse mortgage process in determining the value of your assets to ensure you are qualified for a reverse mortgage
Lifelong Servicing
Once your loan has closed, we will be your point of contact throughout the life of the loan and work with outstanding dignity and respect to ensure our borrowers have everything they need
- 800-455-0277
- drake@coastLending.net
- NMLS ID #1612653