From Mutual of Omaha Mortgage - Reverse Mortgage
A reverse mortgage is a safe and secure financial tool that allows homeowners 62 years and older to tap into the equity they have earned in their home. There are several ways a reverse mortgage can help homeowners in retirement. The most common type of reverse mortgage is the home equity conversion mortgage (HECM) and is highly regulated and insured by the Federal Housing Administration (FHA). It’s a financial tool that allows homeowners 62 and older to cash out the equity in their home without the requirement of a monthly loan payment. Unlike traditional home mortgage loans, a reverse mortgage provides homeowners with payouts from their equity as a loan. The loan is due and payable using the proceeds of the sale of the home...
Google: 4/5
Carlos Mata has been a great help to us. He has always gone out of his way to give us options. He explains everything so clearly and fully that the average person can understand. We have depended on him for about 8 years and he's always been there. Would absolutely recommend him.
I couldn't be happier about my experience with Mutual of Omaha and especially with Senior Reverse Mortgage. Carlos Mata was excellent and thorough in explaining the process from beginning to end. He explained the application page by page; he was patient with my many questions and answered in detail and in terms I understood. I now know what an underwriter is! Thank you so much Carlos, for everything!
Carlos Mata was professional, patient and very easy to work with and helped answer all my questions throughout the whole reverse mortgage process. I was very pleased with my experience with Seniors Reverse Mortgage.