Can I Get a Reverse Mortgage on a Condo?
Yes, reverse mortgages are not limited to single-family detached homes. In many cases, you can qualify for a reverse mortgage on a condominium, but it must be your principal residence. There are now several programs which allow you to access the home equity you have built up over many years and not pay it back until you permanently leave your CONDO.
New Condo Home Equity Release Program
How would you like to pull your cash out of the equity in your CONDO and have no monthly mortgage payments. With recent legislative changes, your condo does not have to be FHA approved for this new condo equity release program.
- Retire in your CONDO for the rest of your life.
- Have a growing line of credit for unforeseen expenses.
- Have extra money for more fun with family and friends.
The new condo equity release program can help you stay in your CONDO for your entire retirement and achieve your goals while restoring the fun in your life without raising your taxes.
Contact me today so we can discuss a more financially secure retirement. Your CONDO EQUITY is your money that you have worked hard for and you deserve to use it as you like.