Remodeling Your Home Might Be Simpler Than You Think
Do you want extra money to retire comfortably, update your home, travel, buy a new car, pay medical bills or prescription drug costs, and more? You may use funds you receive through a reverse mortgage for practically any legitimate purpose.
Reverse mortgages are unique in the sense is that they give you the ability to convert the equity you’ve built in your house into usable funds. A Home Equity Conversion Mortgage (HECM) is the only kind of reverse mortgage insured by the Federal Housing Administration (FHA). Since HECMs are government-regulated, they come with unique requirements.
Ready To Get Started?
IF YOU’RE UNSURE ABOUT WHICH KIND OF
HOME RENOVATION LOAN SUITS YOU BEST, OR IF YOU HAVE ANY OTHER QUESTIONS, PLEASE FEEL FREE TO CONTACT US.
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First Time Homebuyer’s Guide
Considering homeownership but not sure where to begin? The Achievers Mortgage, LLC guide to home buying will make the process easy all in one packet.
*Depending on the type of renovation loan you choose, luxury items may or may not be included. Some examples of luxury items include tennis courts, gazebos, pools, jacuzzis, etc. For a full list of qualified repairs, please contact your dedicated mortgage professional.
To Your Future.