If you are 62 years or older, you can supplement your retirement income with payments from a Reverse Mortgage. These payments can be used for anything you wish including home improvements, a new car, home health care or unexpected medical bills.
Your Reverse Mortgage could give you a lump sum which you can invest as you like, a credit line so that you only use what you need and reserve the rest, or a combination of the two. You may also elect a tenure payment which works much like an annuity and gives guaranteed income every month.
Call David Cohn, Vice President, at (312) 491-7124 or Wayne Landon at (312)491-7206 to find out more about how a Reverse Mortgage could help you. Or use this handy calculator to determine approximately how much money you may be eligible for.
Find out approximately how much you are eligible for with the NRMLA calculator. www.revmort.com/nrmla/index.asp
