What are the Jumbo Reverse Mortgage Advantages?

Home Blueprint 2

  • The number one advantage is you can get significantly more tax free CASH.
  • Larger loan amounts up to $3 million are available.
  • NO high up front or future FHA mortgage insurance premium costs, EVER.
  • Closing costs are around 80% lower than a FHA reverse mortgage. 
  • Pay off existing mortgage Liens. Enjoy NO monthly mortgage payments.
  • Benefit in general from more monthly cash flow.
  • Use your Jumbo reverse mortgage loan to buy a house or condo in an upscale area or active life style community.
  • Leveraging housing wealth can be a good hedge against market volatility.

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