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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 $300,000 for a
one-time initial payment
of only $166,076 !
8
Loan Specifics Home
Purchase $200,000 $300,000 $400,000 $500,000 $600,000
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 $123,003 1 $182,276 6 $241,398 11 $299,573 16 $357,673 21
3 Minimal income and credit requirements
65 $119,003 2 $176,276 7 $233,398 12 $289,573 17 $345,673 22
3 FHA-Insured
70 $112,203 3 $166,076 8 $219,798 13 $272,573 18 $325,273 23
3 Borrower(s) remain solely on title**
75 $107,003 4 $158,276 9 $209,398 14 $259,573 19 $309,673 24
3 Closing costs may be financed into
mortgage 85 $88,203 5 $130,076 10 $171,798 15 $212,573 20 $253,273 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!
AAG073 SEE REVERSE SIDE FOR IMPORTANT DISCLOSURE INFORMATION