Michael Schuster
Reverse Mortgage Specialist

Call me today at (608) 219-7676

michael@madisonreversemortgages.com

"Having spent 15 years doing traditional mortgages, I now find great personal reward in having a profound positive impact on people’s lives."

Reverse Mortgages Offer Financial Solutions for Seniors

As more Americans learn about the versatility of Reverse Mortgages, this financial planning tool continues to gain significant popularity. More and more older homeowners are remaining in their homes and using Reverse Mortgages to supplement their retirement income, pay for health care expenses, make home modifications, or simply establish a line of credit for emergencies.

But even though we are hearing more about Reverse Mortgages, some of the basic facts are often misunderstood. Here's a simple definition:

Reverse Mortgage - a loan that enables homeowners 62 or older to convert part of the equity in their homes into tax-free income without having to sell their home, without giving up title, and without making monthly payments.

If you have had trouble qualifying for a traditional Home Equity line or other financing due to lack of income or credit issues, this is the loan program for you. No income or credit used to qualify!

Click here - read some of the most common misconceptions about the Reverse Mortgage Program

Click here - submit some brief information to find out what you qualify for