Did you hear the news?

If you have a buyer over age 55 you might qualify for a reverse mortgage up to $4,000,000 to purchase a primary residence!

• Loan to value depends on a mix of the age and property type, and price; typically 30-50%. The older the age, the more they can borrow
• It may be possible to add a line of credit for future liquidity needs
• The borrower makes zero monthly P&I payments, the interest accrues against the equity in the home.
• Upon the eventual sale if there is equity left it goes directly to the seller, if not there is no recourse against the borrower, his heirs or other assets.
• The borrower maintains full title to his home, just like a regular mortgage.

Chris Neuswanger NMLS 243369

Eagle One Financial LLC

150 E Beaver Creek Blvd. Avon CO 81620

970-748-0342

chris@mtnmortgageguy.com