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A Oklahoma Reverse Mortgage allows a senior homeowner (62+) to exchange a portion of the equity in their home for a Tax Free Income. The Oklahoma Reverse Mortgage has NO Monthly Payments required for as long as you live. The Oklahoma Reverse Mortgage provides Tax Free Cash that can be used for any purpose. With a Oklahoma Reverse Mortgage you retain the Title to your Home. That means with a Oklahoma Reverse Mortgage you can sell your Home at Anytime. A Oklahoma Reverse Mortgage allows you to receive the Cash in Monthly Payments, A Lump Sum, A Line of Credit, or a Combination of the above. A Oklahoma Reverse Mortgage does not affect Social Security and Medicare. With a Oklahoma Reverse Mortgage there are No Income, Credit or Health Qualifications.
THE PROCESS OF A OKLAHOMA REVERSE MORTGAGE
• Educate yourself about a Oklahoma Reverse Mortgage.
• Get a free information package about a Oklahoma Reverse Mortgage.
• Speak with a qualified lender about your option of a Oklahoma Reverse Mortgage.
• Consult a trusted family member or financial advisor about the benefits of a Oklahoma Reverse Mortgage.
• Schedule a counseling session with a third party, non-biased counseling group about a Oklahoma Reverse Mortgage.
• Upon reaching a decision to pursue a Oklahoma Reverse Mortgage complete an application with a qualified Oklahoma Reverse Mortgage Specialist.
• The Oklahoma Reverse Mortgage Specialist will begin the underwriting process by ordering an appraisal, title work, and other related documentation.
• The Oklahoma Reverse Mortgage is submitted for final approval and then is scheduled for closing at a location convention for you.
• At funding of the Oklahoma Reverse Mortgage you receive your Tax Free Cash.