Blue Ridge Mortgage
916 Main Street, # 400
Lynchburg, VA 24504
A reverse mortgage can be a very powerful tool, however, it is not a decision to be taken lightly. It's important to work with an experienced originator who can help you assess your unique situation to determine if a reverse mortgage is right for you. Home Equity Conversion Mortgages A reverse mortgage can be an effective tool and provide seniors an additional option as part of an overall financial plan. (HECMs), also know as reverse mortgage loans, were created over 25 years ago to help Americans age 62 and older. A reverse mortgage loan allows you to turn some of the equity in your home into cash to improve your lifestyle without taking on a new monthly payment.
Licensed by the National Mortgage Licensing System # 1497973
Information can be searched at: www.nmlsconsumeraccess.org
The reverse mortgage changed our lifestyle because we could do more things.
The net result was about $700 worth of extra disposable income, and I think all of us could use an extra $700 a month.
The benefit to me is that I'm able to fulfill the commitment I made to my mother to keep her at home for the rest of her life.