SC Reverse Mortgage Advisor (843)-771-3677
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Your Decision

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.
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 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
                             
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George Stewart                                                                                                             
Reverse Mortgage Consultant
NMLS # 506558

(843) 771-3677 Office
(843) 818-7676 Mobile

StewartG@fnb-corp.com
First National Bank of PA
242B Luden Drive
Summerville, SC 29483
​Branch NMLS # 766529

​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.
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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 cond
itions 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.

Copyright © 2017 by George Stewart
All rights reserved. The author is solely responsible for this content and is not affiliated with or acting on behalf of any government agency.