Disclosures
1All loans are subjected to qualification. Terms, conditions, and restrictions apply.
2This material has not been reviewed, approved, or issued by HUD, FHA, or any government agency.
3A reverse mortgage loan accrues interest and must eventually be repaid.
4Borrowers remain responsible for property taxes, homeowner's insurance, and home maintenance. Failure to meet these obligations can result in foreclosure.
This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.
*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.
