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| About: | Are you looking for a local, experienced, and professional reverse mortgage specialist? As the nation's leading retail originator of reverse mortgages, Wells Fargo has the experience and expertise to help you spend a secure and comfortable retirement. Homeowners who are at least 62 years of age and occupy the property as their principal residence can use a reverse mortgage loan proceeds for any purpose they choose. No repayment is due as long as you or one of the borrowers continues to live in the house, keep the taxes and insurance current, and maintain the property to FHA standards. The home must be owned free and clear or have a small remaining balance that can be paid off with the reverse mortgage. No income, employment or credit requirements are required. Loan proceeds are not considered income and will not affect Social Security or Medicare benefits. Some of the tax free money options are lump sum advances making funds immediately available, tenure plans providing fixed, monthly advances or a line of credit that makes funds available upon request. Eligible properties include single-family homes, condominiums and townhomes, or a 2-4 unit dwelling. Wells Fargo Home Mortgage is a full-service financial institution. We serve Chicago, Illinois and the surrounding Northwest Indiana areas. Please call us today for more information. |
| Hours: | |0815|1700|0815|1700|0815|1700|0815|1700|0815|1700| |
| Categories: | Real Estate Financing |
| Payment: | American Express, Discover, MasterCard, Visa |
| Specialities: | Receive Payments Instead Of Making Them, For Seniors 62 And Older, Federally Insured By The Fha, Equal Housing Lender |
| Products and Services: | Free Consultation,Senior Homeowners,Age 62 & Older,Seniors Homeowners Age 62 & Older |
| Other Contact Info: | Toll Free: (800) 487-3707 Email: DRUANNE.M.BOCEK@WELLSFARGO.COM |
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