This post brought to you by allreverse. All opinions are 100% mine.
I look forward to becoming a senior citizen and retiring one day. Celebrating these "golden years" should be a special time in your life, but unfortunately unforeseen expenses can creep in leaving seniors unprepared for how to manage these additional costs on a fixed income. Since most senior citizens can no longer work to earn extra money, something needed to be done to lend a helping hand when times got hard.
That's why reverse mortgages were invented. Reverse mortgages are a special type of home loan that lets a homeowner convert the equity in his/her home into cash. They can give older Americans greater financial security to supplement social security, meet unexpected medical expenses, make home improvements, and more.
Unfortunately, there are many scams out there surrounding reverse mortgages which take advantage of the elderly and charge them outrageous fees and interest rates, thus robbing them of their home for well under market value.
That's where All Reverse Mortgage Company comes in. They're an A+ rated company by the Better Business Bureau and they guarantee to beat the "big banks" rates because they don't charge the maximum amount of allowable fees regulated by the federal government.
Obviously, the less fees and lower interest rates paid on a reverse mortgage equals more money available to the homeowner. Unlike big banks, Reverse Mortgage Company can shop your mortgage around with multiple banks, thus securing you the absolute lowest rate available on the market.
Interested in learning more as to how much money you could qualify for under this program? Then head on over to All Reverse Mortgage Company and check out their free reverse mortgage calculator to find out!