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Reverse Mortgages

Reverse mortgages are a powerful tool to help eligible homeowners obtain tax-free cash flow.  Thousands of people have already used them to enhance their retirement lifestyle.  Even so - like with anything else where money is involved - it is wise to be prudent and informed about how to protect your own financial interests.  Reverse mortgages enable eligible homeowners to access money they have built up as equity in their homes.  They are primarily designed to strengthen senior's personal and financial independence by providing funds without a monthly payment burden during their lifetime in the home.  The major eligibility requirements are that the applicant must be at least 62 years of age and own and occupy a home whose mortgage has been paid in full (or with only a very low mortgage balance remaining).  For more information on how this program works and if it's the right program for you, please contact my office at 310-930-1313.  I'm qualified and ready to assist you!



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All information is deemed reliable but not guaranteed

NOTICE TO CONSUMER:

We collect nonpublic personal information about you from the following sources:

  • Information we receive from you on applications or other forms;
  • Information about your transactions with us, our affiliates, or others
  • Information we receive from a consumer reporting agency

We may disclose nonpublic personal information about you to the  following types of third party vendors:

  • Financial service providers, such as mortgage bankers, securities broker-dealers, and the like
  • Non-financial companies, such as loan processors, escrow and title companies

We do not disclose any nonpublic information about our customers or former customers to anyone not permitted by law.

We may disclose the following information to companies that perform marketing services on our financial institutions with whom we have joint marketing agreements:

  • Information we receive from you on applications or other forms, such as your name, social secruity number, assets and income; Information about your transactions with us, our affiliates, or others, such as your account balance, payment history, parties to transactions and credit card usage; and
  • Information we receive from a consumer reporting agency, such as your creditworithiness and credit history.

We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products and services to you.  We maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information



 


 



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