Reverse Mortgage
Services Around
Santa Barbara, CA
Turn a portion of the equity in your home into cash that can be used for many different purposes
40 Years of Experience
All About Reverse Mortgages
Reverse mortgages come in two forms: A Floating Line of Credit or A One Time Fixed Rate Distribution. The conversation you have with me should include a thorough examination of what you want to accomplish when securing a Reverse Mortgage. Some people want the guaranty of a check each month (until the maximum loan amount is reached). Some want a Lump Sum distribution to put in the bank and maybe do some home improvements or consolidate some debt.
Today’s Reverse Mortgage options provide both types of loans. If you’ve even just wondered if it is right for you, give me a call or send me an email to discuss. If you know you want to move forward with a Reverse –but aren’t sure about which type of loan to obtain—hit the APPLY NOW button and send me the basic information. I’ll contact you within twenty-four hours after receiving.
Again: IF NOT NOW, WHEN?
A Reverse Mortgage in Summerland, Isla Vista and Ojai, CA can help cover home renovations, taxes, insurance, heating and cooling, and even maintenance costs on your current home. We’ll show you how easy it is to use your home to free up your finances for the little, or big, things in life.
Every day, we’re helping homeowners aged 62 and older to convert some of their existing equity into cash with a Reverse Mortgage. This type of loan does not require homeowners to give up their home ownership. Our clients have used their Reverse Mortgage cash to upgrade their home to meet their accessibility needs or to hire dedicated at-home help.
Our loan officers will qualify you for a Reverse Mortgage by considering your age, your home equity and the interest rate we can offer you. Instead of making a payment each month, we pay you with a monthly sum. You don’t pay the principal, interest, or servicing fees for as long as you live in your home in Santa Barbara, CA.
Professional Reverse Mortgage Services
Ready To Refinance Your Home?
Let Joal Maloney Mortgage configure your reverse mortgage so that you are paid in one lump sum, in monthly advances, through a line-of-credit or in a combination of the three if your prefer. It’s your money; you’re just putting it to good use.
Our privilege is to guide you through the exciting process of freeing up equity from your home around Santa Barbara, California to borrow for your growing and changing needs. Schedule your free Reverse Mortgages loan consultation by contact us today.
