Seniors can NOW Purchase a Home with a Reverse Mortgage
Due to the recent sweeping changes to FHA lending HUD has approved seniors to purchase a home with a reverse mortgage. This dramatically reduces the costs of obtaining traditional financing then obtaining reverse financing at a later date. Now Seniors can move into a new home with no mortgage payments with a modest down payment.
This poses a unique opportunity for seniors who are looking to downsize or move closer to family.
For more information and qualifications contact the Senior Finance Network at 800-827-2599 or email at info@seniorfinancenetwork.com