Reverse Mortgage
San Francisco Bay Area Reverse Mortgages
Sierra Pacific Mortgage Corp
Lakshmi Yokoyama
Reverse Mortgage Specialist
Email: Lakshmi@sierrapacificmortgage.biz
Web Address: http://www.sierrapacificmortgage.biz
Hours of Operation: Call For an Appointment
Reverse Mortgage Details
A Reverse Mortgage can offer you so many wonderful benefits, but it's vital that you understand exactly how it works. You must understand the pros and cons to be sure this loan is right for you and matches your current needs.
You'll find the education you need right here so you can make an informed decision. However, if you have any other questions or any concerns at all, please contact us and we will make sure you completely understand everything you need to know. We are here to help you. Please don't hesitate to call me.
San Francisco Bay Area Home Owners Basic Eligibility Requirements
- Must own property in the US and occupy it as a primary residence
- Must be 62 years old or older
- Property must meet federal appraisal standards
Reverse mortgages are worth considering
if you are a senior citizen who needs money for any reason.
They allow you to use the equity in your home to get the cash you need, all without adding the burden of another monthly payment.
If you would like more information about the reverse mortgage process and how it can help you live out your retirement without the stress of financial burdens
Never Make Another Mortgage Payment
Here are a few ways you can use the proceeds from your San Francisco Bay Area Reverse Mortgage:
- Invest in long-term care insurance so you will be secure for life
- Buy an investment home
- Pay off bothersome debt
- Use for estate planning
- Add to or use for an investment portfolio
- Receive a monthly payment
- Establish a line of credit to use when needed
- Purchase a recreational vehicle
- Take a vacation
- Basically, whatever your needs may be.
- With any of the options above, you can set it up so that you never have to make another mortgage payment as long as you live in the home.