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Michael Your Link with Financial Services -- MD, VA, DC, DE & WV

Michael Your Link with Financial Services -- MD, VA, DC, DE & WV
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Reverse Mortgage

One Hundred Reasons Why A Reverse Mortgage May Be Right For You!

  1. Federally Insured
  2. No Credit Required
  3. No Income Required
  4. Receive Income for life
  5. Pay off existing mortgage
  6. Funds received are tax free
  7. Use the Funds for anything
  8. Never have to leave your home
  9. No impact on Medicare
  10. 62 years old or older
  11. Spouse must be 62 or older
  12. Purchase Long Term Care
  13. Buy a new home (buy up or down)
  14. No income tax liability
  15. Finance Home Repair
  16. Pay an ex-spouse for their part of equity
  17. Pass on inheritance now to loved ones
  18. Pay for your grandchildren’s college education
  19. Help struggling children to buy a home
  20. Save your home from foreclosure
  21. Take advantage of a wise investment opportunity
  22. Make a charitable contribution
  23. Buy a rental property
  24. Receive tax write offs for gifts or donations
  25. Pay overdue property taxes
  26. Pay off tax liens
  27. Receive necessary medical treatment
  28. Pay off medical bills
  29. Pay off federal and state tax obligations
  30. Purchase needed medical equipment
  31. Pay off utility bills, credit cards and other debts
  32. Purchase in-home health care insurance
  33. Buy a new car
  34. Renew expired or lapsed homeowners insurance
  35. Set-up atrust and lifetime income for a dependent child
  36. Take a vacation or cruise or visit family or friends
  37. Improve standard of living by receiving extra monthly income
  38. Pay for medical day care for spouse
  39. Pay for companion services
  40. Make a down payment on second or vacation home
  41. Prepay funeral expenses
  42. Buy a new home (trade up or down)
  43. Move closer to family or amenities
  44. Set up a growing line of credit for future emergencies or expenses
  45. Avoid being institutionalized in a nursing home
  46. Leave more money to your heirs tax-free by buying life insurance
  47. Provide the income for a spouse who needs nursing home care
  48. Make donations or tithing to your church
  49. Avoid losing your home equity to Medicaid
  50. Start a business or capitalize an existing business
  51. Relieve adult children and other family members of the financial and physical responsibility associated with caregiving
  52. Provide liquidity to an estate or split an estate
  53. Avoid filing bankruptcy
  54. Stop working and enjoy retirement
  55. Receive a lifetime income
  56. Maintain your financial independence and security
  57. Afford to stay in your home
  58. Buy a recreational vehicle (RV) and travel around the country
  59. Avoid liquidating an investment, savings, IRA, pension or incurring deferred taxes
  60. Go back to college or take courses in a new interest, hobby or occupation
  61. Pay for legal services to file a lawsuit
  62. Buy clothes, an entertainment center, a new bed, a computer or other household item
  63. Get medical or dental treatment for a beloved pet
  64. Make a sizeable political contribution
  65. Support your favorite cause and receive recognition today instead of when you're gone
  66. Start an internet business
  67. Use to do a like kind exhange
  68. A non-recourse loan - property is only asset that can be accessed for loan repayment
  69. Personal income is not considered in the loan decision process
  70. Cash advances are tax-free
  71. Free up capital to produce income
  72. No upfront application fees
  73. Closing costs are included in loan
  74. No change in ownership, you retain title
  75. No upfront cash is required (LHM defers appraisal cost until your Reverse is funded)
  76. No income verification
  77. Tax-free funds for as long as you live in your home
  78. Could be used to purchase a short sale or foreclosure
  79. Choose a cash flow plan tailored to your needs
  80. Retain ownership of your home for life; this is guaranteed as long as you maintain your home, pay home owners insurance and property taxes
  81. A powerful financial tool to enhance your retirement lifestyle
  82. Reverse mortgage funds are paid directly to you only
  83. Make your own choice about how to use your reverse mortgage funds
  84. Reverse mortgages are versatile financial planning tools
  85. Single-family homes, qualified condominiums, townhouses, manufactured homes, and 1 to 4 unit homes as long as 1 unit is the owners primary residence
  86. If one spouse or co-owner is under 62, that person's name must be removed from the title so that the other person can qualify for the reverse
  87. Seniors with an outstanding first mortgage or some other debt on their home my qualify and pay off those debts when their reverse is closed
  88. A lender will order an appraisal to determine how much money you can receive
  89. Legal counsel or CPA are not required to get a reverse mortgage, you may however seek their advice at your own expense
  90. Advance counseling to ensure you fully understand a reverse mmortgage and other options is required by FHA prior to signing any application
  91. Once you permanently move out of your home or pass it to your estate, the loan must be repaid
  92. You are not required to pay anything during the course of the reverse mortgage loan - the lender pays you
  93. The interest rate on a reverse mortgage varies depending on the type of reverse mortgage
  94. Your age, the value of your home and the rate caps in your geographical location determine how much cash you can receive from a reverse mortgage
  95. When the loan must be repaid, you or your heirs can either pay the balance due and keep the home, or sell the home and use the proceeds to pay off the reverse mortgage and keep the balance of the proceeds
  96. Your family can when the loan is due, buy the property for 95% of its appraised value
  97. There are no prepayment penalties for the current reverse mortgage products
  98. Where can you get a reverse mortgage? From any FHA approved lender and certainly from http://www.linkhomemortgage.com
  99. All lenders charges are regulated by the FHA and are the same with the excepton of application fees and loan servicing fees
  100. Both Adjustable and Fixed rate reverse mortgages are now available
  101. Reverse mortgages are also available for property with values in excess of $2,000,000
  102. The older you are the more money you will receive

One Hundred Reasons Why A Reverse Mortgage May Be Right For You!

  1. Federally Insured
  2. No Credit Required
  3. No Income Required
  4. Receive Income for life
  5. Pay off existing mortgage
  6. Funds received are tax free
  7. Use the Funds for anything
  8. Never have to leave your home
  9. No impact on Medicare
  10. 62 years old or older
  11. Spouse must be 62 or older
  12. Purchase Long Term Care
  13. Buy a new home (buy up or down)
  14. No income tax liability
  15. Finance Home Repair
  16. Pay an ex-spouse for their part of equity
  17. Pass on inheritance now to loved ones
  18. Pay for your grandchildren’s college education
  19. Help struggling children to buy a home
  20. Save your home from foreclosure
  21. Take advantage of a wise investment opportunity
  22. Make a charitable contribution
  23. Buy a rental property
  24. Receive tax write offs for gifts or donations
  25. Pay overdue property taxes
  26. Pay off tax liens
  27. Receive necessary medical treatment
  28. Pay off medical bills
  29. Pay off federal and state tax obligations
  30. Purchase needed medical equipment
  31. Pay off utility bills, credit cards and other debts
  32. Purchase in-home health care insurance
  33. Buy a new car
  34. Renew expired or lapsed homeowners insurance
  35. Set-up atrust and lifetime income for a dependent child
  36. Take a vacation or cruise or visit family or friends
  37. Improve standard of living by receiving extra monthly income
  38. Pay for medical day care for spouse
  39. Pay for companion services
  40. Make a down payment on second or vacation home
  41. Prepay funeral expenses
  42. Buy a new home (trade up or down)
  43. Move closer to family or amenities
  44. Set up a growing line of credit for future emergencies or expenses
  45. Avoid being institutionalized in a nursing home
  46. Leave more money to your heirs tax-free by buying life insurance
  47. Provide the income for a spouse who needs nursing home care
  48. Make donations or tithing to your church
  49. Avoid losing your home equity to Medicaid
  50. Start a business or capitalize an existing business
  51. Relieve adult children and other family members of the financial and physical responsibility associated with caregiving
  52. Provide liquidity to an estate or split an estate
  53. Avoid filing bankruptcy
  54. Stop working and enjoy retirement
  55. Receive a lifetime income
  56. Maintain your financial independence and security
  57. Afford to stay in your home
  58. Buy a recreational vehicle (RV) and travel around the country
  59. Avoid liquidating an investment, savings, IRA, pension or incurring deferred taxes
  60. Go back to college or take courses in a new interest, hobby or occupation
  61. Pay for legal services to file a lawsuit
  62. Buy clothes, an entertainment center, a new bed, a computer or other household item
  63. Get medical or dental treatment for a beloved pet
  64. Make a sizeable political contribution
  65. Support your favorite cause and receive recognition today instead of when you're gone
  66. Start an internet business
  67. Use to do a like kind exhange
  68. A non-recourse loan - property is only asset that can be accessed for loan repayment
  69. Personal income is not considered in the loan decision process
  70. Cash advances are tax-free
  71. Free up capital to produce income
  72. No upfront application fees
  73. Closing costs are included in loan
  74. No change in ownership, you retain title
  75. No upfront cash is required (LHM defers appraisal cost until your Reverse is funded)
  76. No income verification
  77. Tax-free funds for as long as you live in your home
  78. Could be used to purchase a short sale or foreclosure
  79. Choose a cash flow plan tailored to your needs
  80. Retain ownership of your home for life; this is guaranteed as long as you maintain your home, pay home owners insurance and property taxes
  81. A powerful financial tool to enhance your retirement lifestyle
  82. Reverse mortgage funds are paid directly to you only
  83. Make your own choice about how to use your reverse mortgage funds
  84. Reverse mortgages are versatile financial planning tools
  85. Single-family homes, qualified condominiums, townhouses, manufactured homes, and 1 to 4 unit homes as long as 1 unit is the owners primary residence
  86. If one spouse or co-owner is under 62, that person's name must be removed from the title so that the other person can qualify for the reverse
  87. Seniors with an outstanding first mortgage or some other debt on their home my qualify and pay off those debts when their reverse is closed
  88. A lender will order an appraisal to determine how much money you can receive
  89. Legal counsel or CPA are not required to get a reverse mortgage, you may however seek their advice at your own expense
  90. Advance counseling to ensure you fully understand a reverse mmortgage and other options is required by FHA prior to signing any application
  91. Once you permanently move out of your home or pass it to your estate, the loan must be repaid
  92. You are not required to pay anything during the course of the reverse mortgage loan - the lender pays you
  93. The interest rate on a reverse mortgage varies depending on the type of reverse mortgage
  94. Your age, the value of your home and the rate caps in your geographical location determine how much cash you can receive from a reverse mortgage
  95. When the loan must be repaid, you or your heirs can either pay the balance due and keep the home, or sell the home and use the proceeds to pay off the reverse mortgage and keep the balance of the proceeds
  96. Your family can when the loan is due, buy the property for 95% of its appraised value
  97. There are no prepayment penalties for the current reverse mortgage products
  98. Where can you get a reverse mortgage? From any FHA approved lender and certainly from http://www.linkhomemortgage.com
  99. All lenders charges are regulated by the FHA and are the same with the excepton of application fees and loan servicing fees
  100. Both Adjustable and Fixed rate reverse mortgages are now available
  101. Reverse mortgages are also available for property with values in excess of $2,000,000
  102. The older you are the more money you will receive
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Copyright © 2010 Michael Link . Designed by lioninc.com. All Rights Reserved.

Copyright © 2010 Michael Link . Designed by lioninc.com. All Rights Reserved.