Strock & Tanner Mortgage Corporation Considers Reverse Mortgage The Best Choice For Seniors
Independent Lifestyle & Long Vacation During Post Retirement Period
"There is no one who would guarantee you the security, financial independence, and the lifestyle you want except yourself." While many consider borrowing to be a bad idea later in life, reverse mortgages simply allow seniors to enjoy the equity they have already established without carrying the risk of having to meet monthly payments while on a reduced or fixed income. Using Florida & New Jersey Reverse Mortgage allows clients to spend the next 30 years after their retirement with more independent lifestyle.
As an elderly starting at the age of 62 years old and up in Florida or New Jersey, they are now eligible to apply to Reverse Mortgage in the said states. One of the most attractive benefits of a reverse mortgage is there are no income or medical requirements to meet in order to qualify. Because clients end up receiving money instead of paying monthly payments, income plays no part in their eligibility for a reverse mortgage. In order to ensure that homeowners are fully aware of the financial ramifications of obtaining a reverse mortgage, they must undergo counseling with an unbiased third party before completing a loan. AARP (American Association of Retired Persons) and HUD (Housing and Urban Development) oversee a network of counselors who can provide this service, and it should be offered for a nominal fee or at no charge.
They use Reverse Mortgage Calculator to determine the monthly cost of home equity loans or refinancing. Also, homeowners can use this mortgage calculator to figure out how much their loan would cost them in total. This mortgage calculator bases its results on four things: client's age, the house's value, the house's location and their lender. They also use the latest technology to provide accurate details; can close loans quickly and properly based on the regulated government fees. They are also using advance processing software which automatically underwrites the systems.
Many seniors may feel that borrowing against their home, especially later in life, is a risky endeavor. Reverse mortgages hold little if any risk for the borrower, however, as seniors are not borrowing against future income. Since keeping up with monthly payments is not an issue with a reverse mortgage, the reality is that many who choose this type of mortgage are able to enjoy what they have worked all their lives for in their post retirement years. New Jersey and Florida Reverse Mortgage offers the seniors in the community to stay at home and receive cash to use for any purposes such as their daily expenses, renovation of their home, could be paying their existing debt, even helping a family to earn their degree and of course spending their golden years with enjoyment through vacation.
Strock & Tanner established this corporation to help older Americans across the country achieve greater financial security and enjoy their retirement to the fullest. Strock & Tanner's staff is dedicated to helping clients obtain the reverse mortgage plan that will be most valuable for their golden years. By considering Reverse Mortgage, they are committed to provide both quality and efficiency in Reverse Mortgage Florida & New Jersey services to the senior community throughout States of Florida & New Jersey. They give clients a unique financial security and best of all, homeowners retain title of their homes and remain living in there.
About Strock & Tanner Mortgage Corporation:
Strock & Tanner is committed to providing both quality and efficient Reverse Mortgage services to the senior community throughout the States of Florida & New Jersey. We work diligently to find new and creative ways to meet the personal needs of each of our clients on an individual basis. The "customer for life" principle of doing business fuels every aspect of this company. The referrals we receive from previous customers, financial planners, mortgage brokers, banking institutions, credit unions and local real estate professionals account for the majority of the Company's production throughout the States of Florida & New Jersey. First-rate professionals with extensive experience in the Reverse Mortgage industry provide world class customer service and strive to not only close loans but to educate seniors and give them the important information they will need about Reverse Mortgages. Strock & Tanner is proud to positively affect the community in which it works and help seniors to maintain independent lifestyles.
Strock & Tanner Mortgage Corporation
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