WHAT IS A REVERSE MORTGAGE?
CTC Mortgage offers the Home Equity Conversion Mortgage (HECM). This is the only reverse mortgage insured by the U.S. Federal Government. A reverse mortgage allows you to convert a portion of your home equity into cash. You do not have to sell your home or take on additional monthly debt payments.
- Eliminate monthly mortgage payments
- FHA insured
- Use for refinance or purchase
- Stay in home and retain full homeownership
- Tax benefits
- Non-recourse loan
- Growing line of credit
- No prepayment penalty
Key Benefits & Features:
DO I QUALIFY FOR A REVERSE MORTGAGE?
- The homeowner must be 62 or over
- The homeowner must remain on the title
- The homeowner must live in the house
- The homeowner must meet with a HECM counselor to receive consumer information. These are usually free or at a low cost.
- Minimal income and credit requirements
WHAT SETS CTC MORTGAGE APART?
- Experience - Our team has been originating mortgages in Palm Beach County for over 10 years
- Pricing - We offer the best rates on the market, often even better than the big banks
- Security - Our systems and software are 100% secure and safe. Your confidential information will be safe with us!
- Customer Service - Get the one-on-one attention you deserve! As a local company, we will work with you face to face, and explain the process every step of the way.
- 5-Star Google Rating - See what our customers are saying! See our reviews
Talk to a CTC Mortgage reverse mortgage specialist today!
Phone: (561) 983-6413
Address: 1475 Centrepark Blvd.
West Palm Beach, FL 33401