JUMBO Reverse Mortgages
We are NOW offering a JUMBO Proprietary Reverse Mortgage for the more affluent Florida Homeowners from 60 years of Age.
Available for Refinance or Purchase. For Owner Occupied 1 to 4 Families Residences, Townhomes and Condos*, valued from the $800,000’s up to a Maximum Loan Amount of $4,000,000.
PURCHASE: 1-2 Families, Townhomes, and Condos*. To be occupied by Buyers as Primary Residence.
One of the greatest misconceptions about the Reverse Mortgage (RM) is that it is “only for poor people”.
The Conventional JUMBO RM has all to do with the financial needs of the more affluent homeowners. It is for those wanting access to higher amounts of tax free cash for whatever they want to use it for.
Many homeowners are sitting on hundreds of thousands or even millions of dollars on idle equity on their homes. A JUMBO RM is the easy way to have access to part of it to obtain a better return*.
Some ideas on how you can use the funds from a JUMBO RM*:
Wise Tactical Borrowing for Estate & Retirement Planning*:
· Wealth preservation.
· Reduce taxable estate.
· Consolidate High Interest Debt.
· Avoid liquidating other investments or assets.
· Charitable gifts.
· Purchase Single Premium Life Insurance.
· Purchase Single Premium Long Term Care Insurance
· Trust & Venture funding.
· Buy a second home or investment property.
· Investments. • etc...
· Supplement your income.
· Pay off mortgages and other debts.
· Pay taxes and Insurance.
· Hire Domestic help.
· Buy/Repair car.
· Eliminate monthly payments.
· Home improvement.
· Pay living and health care expenses.
· Help with grandchildren's education.
· Share inheritance in life, watch them enjoy it.
· or any way you like.
*Consult you tax, financial and/or legal advisor. Terms and conditions apply
Please use the confidential form provided below to request a more complete estimate of Benefits from a JUMBO REM.