California Reverse Mortgage Company

 
      Tim Dyckman
 

California Reverse Mortgage Company

 
      Mary Ann Wilson
 
Equal Housing Lender


Jumbo Plans
EQUITY ACCESS AGREEMENT
Find The Money In Your Home.

When a home owner enters into an Equity Access Agreement, NestWorth agrees to make payments to them for 10, 15, 20, or 25 years. The homeowner selects the payment term. The shorter the term, the larger the payment.

Highlights:

  • Homeowners pay no origination fees or closing costs to enter into the Agreement.
  • Equity Access Agreements are not reverse mortgages. There are no interest charges accruing.
  • Homeowners continue to own their own home. No repayment due until they sell, move, or die.
  • Eligible existing mortgages do not need to be paid off.
  • Homeowners may terminate the Agreement at any time.

Eligibility:

  • The youngest Homeowner must be at least 60 years old.
  • The home must be occupied as a primary residence.
  • The home must be a single family dwellings, Condos and 2-4 units owner occupied.
  • Title may be held in a Revocable Living Trust.
  • The home must be located in an eligible NestWorth geographic area.