Page 1 - AAG079_HIGH VALUE Open House Flyer
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Are you 62 or older?
Afford more home with the same cash investment!
Introducing an age-based, FHA-insured mortgage loan known
as the Home Equity Conversion Mortgage (HECM) for Purchase.
Own a beautiful home
valued at $500,000 for a
one-time initial payment
of only $272,573 !
13
Loan Specifics Home
Purchase $300,000 $400,000 $500,000 $679,650 $1,000,000
3 Available to those age 62 and over Price
(eligible non-borrowing spouse may be Estimated Estimated Estimated Estimated Estimated
Down
Down
Down
Down
Down
under age 62) Age Payment Payment Payment Payment Payment
3 No monthly mortgage payments*
62 $182,276 1 $241,398 6 $299,573 11 $403,982 16 $724,332 21
3 Minimal income and credit requirements
65 $176,276 2 $233,398 7 $289,573 12 $390,389 17 $710,739 22
3 FHA-Insured
70 $166,076 3 $219,798 8 $272,573 13 $367,281 18 $687,631 23
3 Borrower(s) remain solely on title**
3 Closing costs may be financed into 75 $158,276 4 $209,398 9 $259,573 14 $349,610 19 $669,960 24
mortgage 85 $130,076 5 $171,798 10 $212,573 15 $285,723 20 $606,073 25
*Borrower must continue to pay property taxes and
homeowner’s insurance, maintain the home, and Check out how much you can get with
otherwise comply with the loan terms. **As with a
traditional mortgage, the property would still be
subject to a lien. just a one-time initial payment!
Contact me today to learn more!
AAG079 SEE REVERSE SIDE FOR IMPORTANT DISCLOSURE INFORMATION