Your Decision

A Reverse Mortgage is best suited for homeowners who want to stay put. If you are contemplating moving or selling then it may not be your best option. Paying off a mortgage and thus increasing your monthly cash flow is one of the most reasons given for taking out a Reverse Mortgage.

George Stewart
Reverse Mortgage Consultant
NMLS# 506558
843-771-3677 or 843-818-7676
First National Bank of PA
242B Luden Drive, Summerville, SC 29483

Home

George Stewart
Reverse Mortgage Consultant
NMLS # 506558
(843) 771-3677
(843) 818-7676 Mobile

242B Luden Drive
Summerville, SC 29483

This material is not from, approved, or issued by the FHA, HUD, or any government agency. The content on these pages is for informational purposes only and is subject to change without notice. Please consult a professional for tax or financial advice.

A reverse mortgage is a home loan and not a government benefit. The borrowers must continue to own and occupy the property as the primary residence and are responsible for paying property taxes, homeowner's insurance, and property maintenance.

A reverse mortgage is a rising debt, falling equity loan. Negative amortization causes the loan balance to increase as accrued interest and fees are added. Failure to comply with the terms and conditions of the loan could trigger a loan default that results in foreclosure.

Subject to underwriting approval. Application is required and not all applicants will be approved. Full documentation and property insurance required. Loan secured by a lien against your property. Fees and charges apply and may vary by product and state. Terms, conditions and restrictions apply.