Can a Reverse Mortgage Help You

Retire as Desired?

Ridge Reverse helps seniors Retire as Desired! We solve their, or their financial professional's, most difficult challenges revolving around cashflow, ready access to liquidity and long term planning utilizing what is without question the safest financial products on the planet.

And, we do it with loan products that have no personal guarantees to borrowers or heirs... the property is absolutely the sole collateral to the mortgage.

It is the perfect hedge against the next housing bust, because it contains a line of credit feature with a government guaranteed growth factor, without regard to the underlying value of the property.

And, unlike other lines of credit, the loan cannot be called or frozen without significant breaches by the borrower themselves... just like any other mortgage!

Best of all, the mortgage is government guaranteed always to be available, even if the original lender has gone bankrupt, for as long as the borrower lives in the property as their primary residence and stays current on property taxes, homeowners insurance and other property charges.

Ridge Reverse is available to our clients anytime, to answer questions via email, text, telephone or Zoom.

We specialize in providing our clients with all the mortgage options available and helping them, their family and their financial advisors decide which product is perfectly tailored for them.  Feel free to reach out to experience the difference!

QUICK QUOTE

Ridge Reverse mortgages

FREE ASSESSMENT

This FREE Calculator has been designed to help take the guess work out of your Reverse Mortgage research. It’s quick and it’s easy. Find out if a Reverse Mortgage is right for you today!

LET'S CONNECT

Give us a call or simply fill out any of the forms on our website and one of our experienced mortgage consultants will be in touch right away!

SUCCESS STORIES

Reverse Mortgages can help you achieve any number of goals that you may have. Check out some examples of how people have benefited from or changed their lives with a reverse mortgage from Ridge Reverse.

SUCCESS STORIES

See some real world examples of how people have used a reverse mortgage to solve a problem.

COMMON QUESTIONS

What is a reverse mortgage? How can I qualify for a reverse mortgage? You've got questions, we get it. The Ridge Reverse team is here to answer them all and guide and protect you throughout the process.

LET'S CONNECT

Get real, honest answers to your questions and more here. If you have a question we haven't answered, feel free to ask! Our experienced Reverse Mortgage experts are ready to help.

What are you waiting for? Getting started is easy. We offer very competitive rates, have great service, and always close on time.

What is a Reverse Mortgage?

Home loans for seniors
A reverse mortgage is a loan available to seniors over the age of 62 which allows them to convert equity in their home into cash.

You keep your home

You remain the owner of your home, as long as you comply with the the loan terms, live in the home as your primary residence and pay your property taxes, homeowner’s insurance and other property charges.

No monthly payments

One of the best things about a reverse mortgage is that no monthly payments are required, nor prohibited, for as long as you live in your home. You may repay the loan as you wish, at a maturity event or when you sell your home.

You're OK if the market drops

The Federal Government insures the reverse mortgage loan. If your home loses value and the loan is more than the home value, the government will pay the difference when you sell your home

 

Choose your payment method(s)

You can choose from many disbursement options. You can be paid in full or partially, get a line of credit, receive monthly payments, or you can pick a combination of these options.

Qualification is much easier

Even senior borrowers with limited income can qualify since there are no monthly payments to be made. In many cases, Social Security is all the income needed.

Disbursements on loan are tax free

Technically, Reverse Mortgages are considered an advance, and loan advances are not taxable.

Follow Richard with Ridge Reverse


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Licensing

Ridge Reverse
Powered by Amerifund Home Loans Inc.
NMLS #347051

Richard W. McWhorter
NMLS  #1618644

Amerifund Corporate
2655 First St. Suite #220
Simi Valley, CA 9306

Contact Us

Local Address
200 E Tillman Ave
Lake Wales, FL 33853

Number:
Office: (863) 456-7810
Mobile: (404) 313-9785

Hours:
MON-FRI 9AM - 5PM EST

Ridge Reverse powered by Amerifund NMLS #347051. Equal Opportunity Mortgage Broker. Credit on approval. Terms subject to change without notice. Not a commitment to lend. Contents not provided by, or approved by FHA, HUD or any other government agency. All potential tax benefits should be verified with a professional licensed tax advisor. NMLS Consumer Access

At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.

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