Why A Reverse Mortgage?

A reverse mortgage or Home Equity Conversion Mortgage (HECM) is a way to turn the equity locked in your home into tax free cash* without having to make any monthly mortgage payments.** The funds you receive can be used for almost anything including paying off your existing mortgage (required as part of the loan), eliminating credit card debt, medical and other bills, or simply improving your lifestyle. A reverse mortgage with American Senior Advisors is a government insured loan that enables seniors to gain financial independence from their ever increasing living expenses. And the best part — you continue to own your home and there are no credit score or income requirements. More than half a million Americans have already discovered the benefits of a reverse mortgage. Below is a list showing the extraordinary benefits of Home Equity Conversion Mortgages (Reverse Mortgages) since 2001.

  • Erasing Healthcare Debt
  • Covering Healthcare
  • Remodeling the Family House
  • Supporting Adult Children
  • Finally able to Retire
  • Peace of Mind
  • Maintaining My Prescriptions
  • Staying in Our Dream House
  • Paying off Monthly Debts
  • I now can afford to Care for My Parents
  • Avoid Foreclosure
  • Aging in Paradise
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