Reverse Mortgage FHA Reverse Mortgage Loans are Available!
Receive a quote on a FHA Reverse Mortgage loan today.
Buy Your Dream Home With Little Money Down With an FHA Reverse Mortgage Loan!
About FHA Reverse Mortgage
An FHA Reverse Mortgage loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA Reverse Mortgage approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.
The FHA Reverse Mortgage program was created in response to the rash of foreclosures and defaults that happened in 1930s; to provide mortgage lenders with adequate insurance; and to help stimulate the housing market by making loans accessible and affordable.
We’re here to make the FHA Reverse Mortgage home loan process easier, with tools and knowledge that will help guide you along the way, starting with our FHA Reverse Mortgage Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.
The FHA Reverse Mortgage Loan Process
Here’s how our home loan process works:
✅ Complete our simple FHA Reverse Mortgage
✅ Receive options based on your unique criteria and scenario
✅ Compare mortgage interest rates and terms
✅ Choose the offer that best fits your needs
Why an FHA Reverse Mortgage Loan?
Home loans provided by the Federal Housing Administration (FHA) may make it easier for you to buy a home. For an FHA loan a down payment of 3.5% is required. Borrowers who cannot afford a traditional down payment of 20% or are unable to receive approval for private mortgage insurance may consider an FHA loan.
✅ Fixed-Rate Mortgage
✅ Adjustable-Rates Mortgage (ARM)
✅ 3.5% Down Payments
✅ Jumbo & Super Jumbo Loans
✅ Terms of 15, 20, and 30 years are available for the fixed-rate products
Margaret Shavies
Mortgage Loan Officer Coach
NEXA Mortgage LLC.
AZMB #0944059
An Equal Housing Lender All Rights Reserved. © 2023
Contact Us
3100 W Ray Rd
STE 201, Office 209
Chandler, AZ 85226
STE 201, Office 209
Chandler, AZ 85226
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