Reverse
Mortgage...
Our mortgage
originators have decades of experience
between them. We know
how to facilitate a Reverse Mortgage and what the best
course of action is. We will be your personal financial
advisor though-out the complicated process of a reverse mortgage. Our employees
are experienced, trustworthy and knowledgeable
in the mortgage industry.
Click
Here To Send Us A Short Inquiry Form.
Are you 62 or older? Do you
have equity in your home? Do you have a need for extra money for ANY
reason, vacation, medical or remodeling, etc? If you answered yes, an
FHA-insured reverse mortgage may be for you.
Below is some criteria for an
FHA-Insured Reverse Mortgage.
Borrower Criteria:
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62 years of age or older.
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Your home must be your primary
residence
-
You must own the home.
-
You must participate in a counseling
session approved by FHA.
Reverse Mortgage Loan Amount Based on:
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The age of the youngest borrower.
-
Appraised value or the FHA insurance
limit, which ever is less.
-
Current market interest rate.
An FHA-Insured Reverse Mortgage has other benefits as well, for instance
-
No income or credit qualifications are
required of the borrower!!!
-
No payments are due on this
reverse mortgage as long as it's your primary residence!!!
-
No Closing costs!!! All costs may be financed in the
mortgage!!!
Come visit us
on beautiful Mt. Washington.
We are located at:
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1301 Grandview Ave.
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Suite 100
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Pittsburgh, PA 15211
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Phone: 412-390-3530
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Fax: 412-390-3535
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Email info@fedmc.com
Directions
To Our Office.
We are
licensed by the PA Department of Banking.
Member
in Good Standing BBB