Reverse Second Mortgages
Homeowners Age 55+ Are Exploring Reverse Second Mortgages
Many homeowners age 55 and older have substantial home equity… but they also want to keep the low mortgage rate they already have.
A Reverse Second Mortgage may allow qualified homeowners to:
Access available equity
Keep their current first mortgage
Avoid required monthly payments on the second lien*
Improve monthly cash-flow flexibility
These programs are commonly used for:
Home improvements
Debt reduction
Emergency reserves
Retirement planning
Helping family members financially
For many homeowners throughout Fresno, Clovis, Visalia, and surrounding Central Valley communities, this strategy may provide financial flexibility without refinancing the existing first mortgage.
*Borrowers must continue paying property taxes, insurance, maintenance, and any existing first mortgage obligations.
For more information Click Here
Rob Clark
Home Loan Consultant
Firestone Financial Group
209-227-7745
559-476-9279
rbrtclark53@gmail.com
RobertClarkLoans.com
DRE #01148307 | NMLS #357788
Equal Housing Lender
Not a commitment to lend. All loans subject to underwriting approval. Programs subject to change without notice. Some restrictions may apply.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.