LIVE LIFE ON YOUR OWN TERMS, PAY OFF DEBTS AND PLAN A SECURE RETIREMENT!

12 Benefits Of A Reverse Mortgage

Benefit 1.

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YOU CAN PAY OFF YOUR EXISTING MORTGAGE 

Benefit 2.

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YOU CAN HAVE A TAX-FREE INCOME

Benefit 3.

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 YOU WILL CONTINUE TO MAIN THE TITLE TO YOUR HOME

Benefit 4.

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YOU OR YOUR HEIRS STILL KEEP ALL REMAINING EQUITY

Benefit 5.

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YOU NEVER MAKE MONTHLY PAYMENTS (The lender pays you!)

Benefit 6.

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THERE ARE NO UPFRONT FEES COLLECTED

Benefit 7.

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IT WON'T AFFECT SOCIAL SECURITY OR MEDICARE BENEFITS

Benefit 8.

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THERE ARE NO RESTRICTIONS ON HOW YOU SPEND THIS MONEY

Benefit 9.

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YOUR CASH IS DISTRIBUTED TO SUIT YOUR NEEDS AND LIFESTYLE

Benefit 10.

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MOST LOANS ARE GOVERNMENT INSURED

Benefit 11.

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YOU CAN REPAY AT ANY TIME WITH NO PRE-PAYMENT PENALTY

Benefit 12.

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YOU WILL NEVER HAVE TO REPAY MORE THAN YOUR HOME'S VALUE

The Choice Of A Whole Generation Of Americans

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With healthcare and retirement costs rising, hundreds of thousands of Americans have been turning to the REVERSE MORTGAGE as a solid financial and retirement solution. It's a bold and wise step that provides many with a new start in life, not surprising for a generation known for living life on its own terms.

safely and easily access your home equity

The investment you made in your home can now give you extra, tax-free* cash on a monthly basis. That's right, instead of making your house payments to the bank every month, A REVERSE MORTGAGE PAYS YOU EVERY MONTH!* This is actually your money (your home equity), and the reverse mortgage is simply a great and safe way for you to access this money. Most importantly, your home remains your own until the day you decide to leave it.*

Easy qualification lets you receive payment quickly

If you qualify (you are 62 years or older, own your home and have equity in your home), you may receive payment in short order. You can choose from three types of payment: 1) Lifetime monthly income, 2) Cash available anytime, 3) Lump-sum payout (or any combination of the above options).

Federally guaranteed safeguards - built in

Most reverse mortgages are regulated and insured by the Federal Housing Administration (FHA). There are many built-in consumer protection features that protect you and your heirs:

  • Required third-party counseling - Ensures that you understand fully about reverse mortgages and your other options, so you can make a smart decision.
  • Interest rate limits - Limits on the interest rate and origination fee.
  • Nonrecourse - An overall cap on your loan balance prevents the lender from legal recourse beyond your home's value.

Reverse mortgages at golden

It is important that you work with the right reverse mortgage company. Below are three main reasons why choosing Golden is a smart decision:

  • Specialization: WE ARE THE BEST AT REVERSE MORTGAGES, which is why we have rapidly become an industry leader in our community. We have helped change many lives of both our clients and their families.
  • Expertise: Our employees are the best-trained in the industry, both in terms of product knowledge and the reverse mortgage process. They pay attention to the details and the big picture while remaining focused on your overall goals.
  • Personal care: Our clients are our most important asset. You will always be able to speak with a live person if you should have any questions or concerns during your loan process.

* CONFIDENTIALITY AND DISCLAIMER:

When the loan is due and payable, some or all of the equity in the property no longer belongs to the borrower(s), who may need to sell the home or otherwise repay the loan with interest from the proceeds. Golden mortgage, your lender and title/escrow company charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Not all interest on reverse mortgage loan is tax-deductible and to the extent that such deduction is not available until the loan is partially or fully repaid. Consult your tax advisor.


Borrowers are responsible for paying property taxes, homeowner's insurance, and related taxes (which may be substantial.) We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable, and the property may be subject to a tax lien, other encumbrance or foreclosure when the last borrower or eligible non-borrowing surviving spouse dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms.