My New Blog

FHA "HECM" Reverse Mortgage loans are now available to seniors to PURCHASE a home.

FHA Reverse Mortgage loans for purchase are now available as of Jan 1st, 2009. There are NO payments required as long as the owners reside in the home.

REQUIREMENTS:

Borrowers must be 62 or older

Home must be primary residence

Home owners insurance and property taxes must be current

No credit scores are required

No income requirements

CONTACT Roger McMahan at Sentinel Mortgage Co. for a detailed explanation of exactly what your benefits are as well as quote of the loan amount available for a particular priced home.

SENTINEL MORTGAGE CO.

1819 Main St., Suite # 201

Sarasota, FL 34236

Tele: 941-365-5626