Reverse Mortgage Lenders Rocky Point New York
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Reverse Mortgage Lenders Rocky Point New York All about Reverse Mortgages in Rocky Point N Y So you are thinking of applying for a reverse mortgage for your home located in Rocky Point NY but you are not sure if this is the best option for your current financial situation. According to the Television Commercials a reverse mortgage is a great tool to help those 62 and older who are short on cash or need to supplement their retirement income by using the equity in their home. The money can be used for anything you wish. The best part is that you can retain ownership and continue living in your home and the loan does not have to be paid back until you leave the home. But like anything in life that sounds too good to be true, there has to be some sort of catch right? What is a reverse mor...