Call 888.771.0088

Request A Quote


   
Home

 

 

 

 

How Does a Reverse Mortgage Work? Reverse Mortgage Lenders of Ontario CA, Covina CA, Fontana CA, Pasadena CA, San Bernardino CA, & Pomona CA Explain

 

Home

Are you thinking of ways to make your post-retirement life more secure? Then, you need to resort to an efficient strategy which will not make you comprise your dignity and yet will bring a substantial flow of income, allowing you to live independently. One such option that you can try is a reverse mortgage loan. How does a reverse mortgage loan work? Well, in order to know that, you have to first find the right provider of these kinds of financial services. We, at Futura Financial, can help. We facilitate these loan options for various senior citizens. Having been in this field for more than 30 years now, we can provide you with both experience and resource which will help you identify the reverse mortgage option that works for you. If you belong to areas like Covina CA, Fontana CA, Ontario CA, Pasadena CA, Pomona CA, or San Bernardino CA, you can rely on our financial services.


Before you go ahead, there are certain things to know about the reverse mortgage loans. Here, we have put together a few. Take a look.


Every month, the mortgage company will make payments of certain amounts to you in lieu of your home equity. And you can meet your daily living expenses or lavish dreams with the extra cash in your hands. It is just the opposite of a conventional home mortgage system.


The payments of the reverse mortgage can be remitted in several ways. You can opt for equal monthly payments for a certain stipulated time period or even opt for a line of credit not bound to any particular schedule. Some providers also allow you to combine these two approaches, giving you greater flexibility.


So, what are you thinking? Now that you know these facts, you can make a more well-informed decision. Call us at 888-225-7826 to know more about our reverse mortgage loan system.

 

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