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Eligibility & Options for a Reverse Mortgage Loan in Pasadena CA, Covina CA, San Bernardino CA, Ontario CA, Fontana CA, & Pomona CA

 

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Most people tend to get worried thinking about their financial condition after retirement. Right from daily expenses, housing, to emergency funds, there are a number of concerns that need to be taken care of. So, everyone needs a little cash in their hands especially when the regular flow of income is stopped after retirement. Go for a reverse mortgage loan. A reverse mortgage is basically a loan which is provided to homeowners who are above 62 years old. This enables them to covert a part of their home equity into cash. The best part about it is that you don't have to pay off this loan while you are alive. After your death, the house is either ceased by the lender or the last surviving borrower or eligible non-borrowing spouse expires or does not consider the home to be his or her primary residence. We, at Futura Financial (Reverse Mortgages), are your trustworthy reverse mortgage experts. Having provided the highest quality financial services for more than 34 years, we have a solid reputation in and around areas like Covina CA, Fontana CA, Ontario CA, Pasadena CA, Pomona CA, and San Bernardino CA.


Here, we have put together a few factors of eligibility that you need to keep in mind while applying for such loans. Take a look.


If you are looking to apply for a reverse mortgage loan, you should be at least 62 years of age or more. This type of loan is especially for the retired homeowners. So, maintaining the age is essential.


You should make sure that the loan you are taking is against the home that will be your principal residence. So, make sure that you always maintain this as your primary place to stay. You can also get this loan for the existing single-family houses, condos, PUDs, or manufactured homes.


So, if you think you are eligible for these types of loans, then you can resort to us. Call us at 888.771.0088 now.

 

Meet our staff

 

SCOTT WILSON
Futura Financial Inc.
Owner/Broker
Office: (626) 442-188 | Cell: (626) 523-9130 | Fax: (626) 442-8424
scottwilson@futurafinancial.com

 

 

 

 

BOBBY COMPTON
Futura Financial Inc.
Associate Broker/Mortgage Loan Originator
Office: (626) 442-1888 | Direct: (626) 945-2382 | Fax: (626) 442-8424
Dallas35@earthlink.net

 

 

 

 

BRENDA JACOBY BURCIAGA
Futura Financial Inc.
Mortgage Loan Originator
Office: (626) 442-1888 | Cell: (951) 453-1078 | Fax: (626) 442-8424
brenda@futurafinancial.com

 

 

 

 

ALEX MUNOZ
Futura Financial Inc.
Loan Processor
Office: (626) 442-1888 | Fax: (626) 442-8424
alexmunoz@futurafinancial.com

 

 

 

 

FERNANDO REZA
Futura Financial Inc.
Associate Broker/Mortgage Loan Originator
Office: (626) 442-1888 | Cell: (626) 388-5518 | Fax: (626) 442-8424
fernandoreza@futurafinancial.com