Learn From A Local Expert
By Alain Valles, MBA, MS
781-724-6221
A reverse mortgage gives qualified borrowers, 62 years old or older, the option to receive cash as a lump sum, a monthly check for life, and/or a line of credit that grows every month with NO required monthly principal and interest mortgage payments. All guaranteed by the federal government. You are, of course, responsible for your real estate taxes, insurance, and meeting other loan guidelines.
You’ve worked hard all your life – Now let a reverse mortgage work for you
By not having a monthly mortgage payment, hundreds of thousands of eligible homeowners have utilized a reverse mortgage to:
- Receive tax free monthly cash for life
- Pay off a current mortgage or home equity line
- Payoff credit card debt
- Pay real estate taxes & property insurance
- Complete desired home repairs
- Finalize divorce situations or other legal matters
- Gain peace of mind knowing that cash is available if ever needed
- And the list goes on!
The BEST Surprises!
- No monthly payment is required
- You continue to own your home
- Only one person needs to be at least 62 years old
- Easier to qualify for than a conventional loan
There is no cost to learn!
A reverse mortgage might not be the magic wand to solve every life challenge, but it very well could be the next best thing. Take the first step and get informed. I have helped hundreds of people and would enjoy the opportunity of having that conversation with you over the phone or in person.
Development
Take Action!
A great place to start is get your free “Use Your Home to Stay at Home” 36-page book. This is the official reverse mortgage consumer booklet approved by the U.S. Department of Housing & Urban Development and published by the National Council on Aging.
To receive your free copy, please call me at (781) 724-6221 or email me at av@powhse.com.
I am also available to evaluate your specific situation, answer your questions, and calculate how much money is available to you.
Alain Valles was the first designated Certified Reverse Mortgage Professional in New England. He obtained a Master of Science from the M.I.T. Center for Real Estate, an MBA from the Wharton School, and graduated summa cum laude from UMass Amherst. He is the senior reverse mortgage loan officer MLO#7946 at Powerhouse Funding Corp. NMLS #1740551. He can arrange but does not make loans. Alain can be reached directly at (781) 724-6221 or by email at av@powhse.com.
