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A Indiana Reverse Mortgage allows a senior homeowner (62+) to exchange a portion of the equity in their home for a Tax Free Income. The Indiana Reverse Mortgage has NO Monthly Payments required for as long as you live. The Indiana Reverse Mortgage provides Tax Free Cash that can be used for any purpose. With a Indiana Reverse Mortgage you retain the Title to your Home. That means with a Indiana Reverse Mortgage you can sell your Home at Anytime. A Indiana Reverse Mortgage allows you to receive the Cash in Monthly Payments, A Lump Sum, A Line of Credit, or a Combination of the above. A Indiana Reverse Mortgage does not affect Social Security and Medicare. With a Indiana Reverse Mortgage there are No Income, Credit or Health Qualifications.
THE PROCESS OF A INDIANA REVERSE MORTGAGE
• Educate yourself about a Indiana Reverse Mortgage.
• Get a free information package about a Indiana Reverse Mortgage.
• Speak with a qualified lender about your option of a Indiana Reverse Mortgage.
• Consult a trusted family member or financial advisor about the benefits of a Indiana Reverse Mortgage.
• Schedule a counseling session with a third party, non-biased counseling group about a Indiana Reverse Mortgage.
• Upon reaching a decision to pursue a Indiana Reverse Mortgage complete an application with a qualified Indiana Reverse Mortgage Specialist.
• The Indiana Reverse Mortgage Specialist will begin the underwriting process by ordering an appraisal, title work, and other related documentation.
• The Indiana Reverse Mortgage is submitted for final approval and then is scheduled for closing at a location convention for you.
• At funding of the Indiana Reverse Mortgage you receive your Tax Free Cash.