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Rob Jones is a loan officer at Sun American Mortgage, a seller and servicer of government insured Reverse Mortgage or HECM (Home Equity Conversion Mortgage). Reverse Mortgages Rob knows backwards and forwards. Over twenty years ago, Sun American closed the first reverse mortgage in the Southwest and has helped thousands older people gain financial freedom through this unique program.
Reverse Mortgages opposing principles apply for a mortgage with interest traditional. A traditional increase in equity in a home mortgage making monthly payments, while a reverse mortgage becomes tax-free capital income or cash usable. Payments owed money are not required as long as the house is living in
Rob has specialized in reverse mortgage program and the years he has seen his customers get the freedom to buy cars, home repairs and travel. Many simply feel safer with a monthly income more large or line of credit to tap, without the burden of a loan to be paid. Some are tired of penny pinching and want to improve their quality of life.
Now the owners have a high level of security, secured means by which to achieve financial security, while retaining homeownership. U.S. The Department of Housing and Urban Development (HUD), the elderly assurance program using a reverse mortgage debt does not pass to their heirs. The reverse mortgage is the most secure mortgage can get. There is no expiration date unless the senior passes away, sells the home or moves permenatly.
About the Author:
Rob Jones has been a leader in the mortgage industry for over 15 years. He has worked at Sun American Mortgage for over 10 years and is passionate about the Reverse Mortgage program. He takes a genuine interest in his client’s financial future and enjoys getting to know them personally. He has specialized in Reverse Mortgages and has a highly experienced staff. Visit him on the web at http://www.ReverseSecure.com and find out how Rob can give you the personal attention you need to see if a Reverse Mortgage is right for you.
Article Source: ArticlesBase.com – Reverse Mortgages: Government Insured Program
