Reverse Mortgages

Eliminate Your Mortgage Payments For Life

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Residential

Learn about residential loan options.

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About Us

Learn about our team and why you should work with us.

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Benefits of a Reverse Mortgage

Many homeowners have found that a reverse mortgage is a great way for borrowers 62 and older to take advantage of the equity they have built up in their homes.

Reverse mortgages offer many great benefits. First, you still remain the owner of your home as long as the terms of the loan are met and you keep up with your taxes. Since a reverse mortgage is considered a loan, the money you receive is tax-free. Reverse mortgage income also does not affect your Social Security or Medicare payments. These types of home loans are great for retirees who don't have a lot of liquid assets available to them.

A reverse mortgage is different from a traditional mortgage. With a traditional mortgage, you make monthly mortgage payments, but with a reverse mortgage, the lenders pay you money through monthly installments or a one-time lump sum payment. The money that you receive is dependent on your age and the value of your home. To learn more, contact one of our Miami-based mortgage lenders today.

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ADVANTAGES OF REVERSE MORTGAGES

One of the great advantages of a reverse mortgage is that you are not required to pay the loan back until the home is no longer your primary residence. For more information on when a reverse mortgage comes due, contact us. Another great feature of a reverse mortgage is you can never owe more than the value of your home. No matter what.

If you’re aged 62 or older and own your home, you might be eligible for a reverse mortgage. Contact our team to find out more about reverse house loans and ways to make them work for you, or apply now and start the process of tapping the equity in your home.

CHOOSE THE FORCE GROUP IN MIAMI TODAY

The Force Group always puts our customers first. Whether you are looking to purchase a home with a traditional mortgage, you're looking for working capital and need a commercial loan, or you are considering a reverse mortgage to supplement your income, our expert mortgage lenders can help you evaluate your options and offer advice if a particular loan product is right for you. Get in touch to get started today!

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