Home Equity Conversion Mortgage
Apply for a Reverse Mortgage in Maine

Reverse Mortgage in Maine

Ask the Experts ~
TheEscrowCompany.net (866) 500-9087
Stewart Title (619) 917-9083
Government Counseling 		Email Us send page to a friend

View Loan Quote Sample   Reverse Mortage Loan Amount
Receive Free Loan Quote
Compare us to the competition!
First Name:
Last Name:
State:
Phone:
Mobile:
Email:
Are you a Veteran:
Value of your Home:
Home Value Estimate: Click Here
Existing Home Loan:
Questions You May Have:

Debt Financing in One Payment
  • NO APPLICATION FEES!
  • Online Application
  • 90% Approval Rate
  • NO Cancellation Fees






 

Rest easy. A Reverse Mortgage program in Maine is federally regulated and insured. The entire process, appraisal, application, underwriting and funding usually only takes 30 to 45 days. You can receive a lump sum, monthly payments, or a line of credit. What is the Best Reverse Mortgage for You?

What is a Reverse Mortgage?

A Reverse Mortgage is a unique type of loan that allows you, the homeowner, to use the equity in your home to eliminate monthly mortgage payments and other types of debt and/or supplement your income without having to sell your home or give up title. Unlike a traditional home loan, a reverse mortgage does not require a monthly payment. Good news, in circumstances where a sufficient amount of equity exists, the lien holder (Bank) will actually disburse payments to you monthly. You will never need to repay a reverse mortgage as long as you live in your home.

 

Debt Financing in One Payment

Maine Reverse Mortgages

We finance traditional & non-traditional Maine Reverse Home Mortgage borrowers. Proceeds from your Reverse Mortgage can be used for any purpose, such as:

 

Reverse Mortgage Loan in Maine Supplement your current monthly income
Best Reverse Mortgage in Maine Making improvements on your Maine home
Apply Reverse Mortgage Maine Covering medical, prescription or long-term care costs
Maine Bank Reverse Mortgages Taking care of everyday or unexpected expenses

Reverse Home Mortgage qualifications and benefits in Maine:

Maine Reversemortgage Occupy your Maine home as your primary residence.
Maine Reverse Mortgage Lender All Borrowers must be at least 62 years old.
Reverse Home Mortgage Maine STAY IN YOUR HOME!
Reverse Mortgage Loan for Homes Maine NO APPLICATION FEES!
Maine FHA Reverse Mortgage NO Upfront Fees!
Jumbo Reverse Mortgage Maine 90% Approval Rate.

 

Knowing that a bank will not even consider financing a regular Maine home loan or line of credit unless you have substantial income and good credit, a Reverse Mortgage Loan is ideal for those homeowners who are retired, possibly living on social security or some other fixed income or have bad credit. Compare our Reverse Mortgage Home Loans to a Refinance or Equity Line of Credit. different programs based on your needs, age, credit and lastly home value.

 

Franklin Financial Company has simple way of explaining how a Reverse Mortgage works. We will answer all your questions to the best of our abilities. Franklin Financial offers an educative approach to offering you the best Reverse Mortgage in Maine at the lowest interest rates. We look forward to assisting you with your lending needs.

 

After our initial consultation, you will know exactly what we can do for you and your family. Complete either our online Pre-Application or Request Free Information.


Reverse Mortgage Application