Reverse Annuity Mortgage

I have received a few questions about a reverse annuity mortgage.

Reverse Annuity Mortgage
An arrangement in which a homeowner borrows against the equity in his/her home and receives regular monthly tax-free payments from the lender. also called reverse mortgage or home equity conversion mortgage.

Yes, as you can see it is the same as a reverse mortgage. Some people that accept the monthly payments as their payout option consider them annuity payments because they will be receiving them for the rest of their life.

Also we have helped a handful of client fund high returning annuity products with their reverse mortgage lump sum. Call today at 1-888-973-8377 to see how we can help you with your reverse mortgage needs.

Till next time, have a blessed day..