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Quick facts on the HECM:
* The loan is backed and guaranteed by the Federal Government.
* Title to the property remains in your name.
* No income, health or credit qualifications.
* You do NOT make monthly payments. EVER !
* Cash received is TAX FREE!
Our goals at Seniors Home Reverse Mortgage Inc. are simple. We know, in
a very personal way, that staying in your home, close to your memories
and in a familiar neighborhood, are very important to you. Securing a
Reverse Mortgage enables you to do that, and our company is designed
specifically to assist you.
We pledge to you that we will work diligently to provide you with
the necessary information as you make your choices. We will present all
the various programs that are available, answer all your questions and,
most importantly, always keep your needs and goals as our # 1 priority.
Furthermore, with the knowledge that you are making important and
deeply personal decisions, it is our promise that we will do all this
in a caring and professional manner.
As of September 2006, more than 238,600 Senior Citizens have benefited from
the HUD insured Reverse Mortgage since the program began in 1990. This Mortgage
is also called a Home Equity Conversion Mortgage (HECM). In 2006 HUD endorsed
a record 76,351 Reverse Mortgages. This number represents 1/3 of all FHA backed
Reverse Mortgages done in the entire history of the program. In only 5 years
there has been a 981 % increase in the number of Senior Citizens making the
decision to get a HUD/FHA insured Reverse Mortgage.
In addition to providing up-to-date information on Reverse
Mortgages, we have also extensively researched various State, Federal,
and non-profit websites that directly relates to the health and well
being of senior citizens in Georgia. You will find those links
here on our website. We also have printed information that we can mail
to you.
In the Atlanta Metro area you can call 404-299-0100. If you are
outside the Atlanta metro area you can call us toll-free
1-877-299-0103.
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