Are Reverse Mortgage Loans Safe?

You’ve worked hard to pay the mortgage on your home. With a reverse mortgage loan you can receive a portion of the equity that you earned. A federally insured HECM reverse mortgage loan can help you unlock that equity by increasing your monthly cash flow. Rest easy knowing you’re protected because with a reverse mortgage loan you can:

  • Access the equity in your home and stay in your home as long as you want. However, if you move, pass away or fail to pay property taxes or home owners insurance or otherwise fail to comply with the loan terms then you could be forced to sell your home or repay the loan.
  • Never owe more than your loan balance or the value of the property (whichever is lower).
  • Receive an annuity-like stream of cash flow for as long as you, the borrower(s) remain in the home. Some borrowers elect to receive a lump-sum payment rather than the monthly payments.

Speak with one of our professionals today and learn how you can make the most of a reverse mortgage loan.

If you're ready to get started on your reverse mortgage loan - apply now.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

Mortgage Loan Direct Inc

15255 S 94th Ave Suite 524
Orland Park, Illinois 60462
Phone: 708-231-0002
Fax: 708-231-0005
NMLS: 1192858
Illinois Residential Mortgage Licensee MB.6761068

This material is not from HUD or FHA and has not been approved by HUD or any government agency.

Illinois Dept. of Financial & Professional Regulation
100 W Randolph, 9th Floor, Chicago IL 60601
Phone: (312)-793-3000 | Fax: (312)-793-7097