Texas Reverse Mortgage Loan Specialists
A Better Retirement is Just Around the Corner
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What Can I do With a Reverse Mortgage Loan?
The proceeds from a reverse mortgage loan can be used for anything. Below are just a few examples of what others are doing with their reverse mortgage loan proceeds. More than anything, the additional cash can offer some financial relief, helping you enjoy your retirement years more.
The proceeds from a reverse mortgage loan can help increase your cash flow during retirement, easing your financial burden and increasing peace of mind.
The increased cash flow from a reverse mortgage loan can be used to pay off credit card bills, medical bills, home health care and other expenses.
Reverse mortgage loan proceeds can help pay for home repairs, home improvements or "age in place" home renovations (installing a chair lift, wheelchair ramp, walk in tub, etc.)
If, one week prior to the closing of your loan, you are not absolutely thrilled with the service you have received from the reverse mortgage loan team at American Home Reverse, LLC, we will credit $500.00 towards your closing costs.
The Texas reverse mortgage loan is the ONLY loan we do. Because it is our sole focus, we dedicate the time it takes to learn and know the FHA rules for reverse mortgage loans and how state laws can affect those rules.
No Bugging Policy
We believe you should take your time and understand how the reverse mortgage loan works on your own timeline. You will never receive an outgoing sales call from anyone on our team.
Your satisfaction is paramount to us. We will walk you through every step, answer all of your questions and follow through. We do what we say, we return phone calls promptly and we care about your experience.
American Home Reverse, LLC. | Corp. NMLS #1808617 | NMLS# 773830 | 855-469-7383
This is Your Time. Make the Most of it.
A reverse mortgage loan is for the primary residence of homeowners (age 62 years or older). The owner(s) retain title to the home that is the subject of the reverse mortgage loan until they sell or transfer the property. Although no monthly mortgage payment is required on the loan, the homeowner must continue to pay for property taxes, homeowner's insurance, maintenance, HOA dues or any other related taxes. Failing to pay these amounts, or failure to maintain the condition of the property, may cause the reverse mortgage loan to become due immediately.
We are not legal or tax professionals. This information should not be construed as legal or tax advice.
State of Texas Disclosures: American Home Reverse, LLC. is licensed under the laws of the state of Texas and by State law is subject to regulatory oversight by the Texas Department of Savings and Mortgage Lending. Consumers wishing to file a complaint against a company or a residential mortgage loan originator should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The Department maintains a Recovery Fund to make payments of certain actual out of pocket damages sustained by borrowers caused by the acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
This information is not from HUD or FHA and was not approved by HUD or any government agency.
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American Home Reverse, LLC. 6060 N. Central Expwy., Ste. 500 Dallas, TX 75206 Corp. NMLS #1808617 | NMLS #773830
Phone: 855-469-7383, Ext. 802 Email: email@example.com