The decision whether or not to get a reverse loan is a big one. Stonebridge Mortgage Group wants to help you make an informed decision.
Reverse Mortgage Gresham, OR
There are a lot of misconceptions out there when it comes to getting a reverse mortgage in Gresham. At Stonebridge Mortgage Group, Inc we strive to dispel the misunderstandings. Our no-pressure approach is available to offer you the information you need to make a decision that is right for you. A reverse mortgage is for homeowners who are at least 62 years-old. It involves converting a portion of your property’s equity into cash you can use toward your retirement years. The lender will pay you each month toward the loan balance. As long as you continue to live in your home, you will not have to make monthly mortgage payments. This type of loan being right for you will depend on such considerations as the amount of equity you have in your home and what your plans are for the future. When you come to our office or call for a free preapproval over the phone our loan officers will happily go over all the information with you.
Learn more about how Stonebridge handles reverse mortgages at: www.stone-bridge.com/reverse-mortgage/