Purchasing a home with a reverse mortgage from Kevin Guttman

Can you use a reverse mortgage to purchase a home? Yes and it’s a great way for retirees to save money and have no monthly mortgage payment other than property taxes, homeowners insurance, and maintenance. Just like other mortgage products qualification is required. However, it’s minimal with checking credit income just to make sure that you can cover the property taxes and insurance and maintaining the home.

Kevin A. Guttman – Reverse Mortgage Specialist
NLMS# 384936
Evergreen National Bank NMLS #609177
Local (719) 302-5820
Toll Free (877) 251-9709