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Maine Reverse Mortgages
About Reverse mortgages in ME
If you are a Maine resident and are seeking information on the Maine reverse mortgage, then this page is for you. Maine reverse mortgages were created for seniors, age 62 and over. Maine reverse mortgages allow you to draw funds from your homes euity, without paying those funds back, so long as you live in your home. The Maine reverse mortgage offers Tax Free Retirement Income that does not have to be repaid in your life time (again, as long as the home is your primary residence.) Some features and benefits of the Maine reverse mortgage can be found below.
Maine Reverse Mortgage Benefits
- >> The money you receive is tax free income
- >> No payments as long as you live in the home
- >> No credit or income requirements
- >> Reverse mortgages are supported by AARP
- >> Reverse mortgages are insured by the FHA
Maine Reverse Mortgage Requirements
- >>Borrowers must be Age 62 years or older
- >>Own their home and have enough equity in to qualify
- >>Occupy the home as primary residence
- >>Receive counseling by an approved HUD/FHA counselor
- >>The home must be in reasonably good repair
Senior Reverse Mortgage Online is a Reverse Mortgage Company, and a national provider of reverse mortgages. Reverse mortgages are all we do. Please contact us today to discuss the Maine reverse mortgage. To begin, please request your Reverse Mortgage Quote. If you feel the loan is for you, we will send you a Reverse Mortgage Application and lead you through the loan process easily and quickly.
Maine Reverse Mortgage Resources
- Reverse Mortgage FAQs
- HECM Reverse Mortgage
- Supplemental Retirement Income
- Reverse Mortgage Counseling
We are happy to offer the reverse mortgage across the great state of Maine. Below are just a few of the Maine cities we proudly serve.
Portland | Lewiston | Bangor | South Portland | Auburn | Biddeford | Augusta | Saco | Westbrook | Waterville | Brunswick
