WHAT IS AN KENTUCKY REVERSE MORTGAGE?

A Kentucky Reverse Mortgage allows a senior homeowner (62+) to exchange a portion of the equity in their home for a Tax Free Income. The Kentucky Reverse Mortgage has NO Monthly Payments required for as long as you live. The Kentucky Reverse Mortgage provides Tax Free Cash that can be used for any purpose. With a Kentucky Reverse Mortgage you retain the Title to your Home. That means with a Kentucky Reverse Mortgage you can sell your Home at Anytime. A Kentucky Reverse Mortgage allows you to receive the Cash in Monthly Payments, A Lump Sum, A Line of Credit, or a Combination of the above. A Kentucky Reverse Mortgage does not affect Social Security and Medicare. With a Kentucky Reverse Mortgage there are No Income, Credit or Health Qualifications.

THE PROCESS OF A KENTUCKY REVERSE MORTGAGE

• Educate yourself about a Kentucky Reverse Mortgage.
• Get a free information package about a Kentucky Reverse Mortgage.
• Speak with a qualified lender about your option of a Kentucky Reverse Mortgage.
• Consult a trusted family member or financial advisor about the benefits of a Kentucky Reverse Mortgage.
• Schedule a counseling session with a third party, non-biased counseling group about a Kentucky Reverse Mortgage.
• Upon reaching a decision to pursue a Kentucky Reverse Mortgage complete an application with a qualified Kentucky Reverse Mortgage Specialist.
• The Kentucky Reverse Mortgage Specialist will begin the underwriting process by ordering an appraisal, title work, and other related documentation.
• The Kentucky Reverse Mortgage is submitted for final approval and then is scheduled for closing at a location convention for you.
• At funding of the Kentucky Reverse Mortgage you receive your Tax Free Cash.