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California is among the top states in reverse mortgage origination. In fact, Orange County is home to a few national reverse mortgage lender. The mild climate makes it ideal for seniors to stay in California during their retirement. Even with the recent housing crisis, the boom that led up to the crash resulted in many seniors becoming house rich.
A Reverse Mortgage is a very useful home loan option especially for senior homeowners. If you are qualified for a Reverse Mortgage, you need not to pay any monthly payment. Equity of your home repays the reverse mortgage when you sell your home, or die or move out permanently. You, or your children can keep the excess of what you owe the lender.
For more information please visit http://itsagreatloan.com
Itsagreat Loan
155 N. Riverview Dr.#310 Anaheim Hills, CA 92808
Email: diane@divcap.net
Telephone: (714) 349-8890
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