California Reverse Mortgage Company

 
      Tim Dyckman
 

California Reverse Mortgage Company

 
      Mary Ann Wilson
 
Equal Housing Lender


Examples

Profile
A 73-year-old woman's husband died after 50 years of marriage. Her retirement income was now cut by $2,500 a month.

Need
She did not want to sell her home. She loved her home and its memories. It was impossible to keep and maintain her home on her reduced income of $1,500 a month.

Solution
Using a Jumbo Reverse Mortgage on her home, valued at $999,000, she was able to start receiving $2,500 monthly income tax free.

Result
Her total monthly income is now back to $4,000 and she has an additional credit line for any future needs.

Note: The figures in the examples are approximate only and subject to change. The exact amount you qualify for is determined by the Jumbo plan selected, appraised home value limits, equity, interest rate, and age.