Louisville Reverse Mortgage

Do You LOVE a BARGAIN?

Did you know that in a recent study, one of the top 10 things you can do for yourself in order to feel better on “one of those days”, researchers found that getting a bargain is #4 on the list!

That being said, Julia has a great bargain to share with seniors who are looking to buy a new home.

 Best Bargain in the Real Estate Market:

How To Buy a House and Pay Half the Price!

There is an FHA mortgage available that can be used to purchase a home without ever having to make monthly mortgage payments on the mortgage. Here are the details:

* FHA Home Equity Conversion Mortgage (HECM)

* One borrower must be age 62 or older

* The down payment is approximately 50%

* The down payment cannot be borrowed

* This is a declining equity loan although you can never owe more than your house is worth

For more details on the FHA loan, call or email Julia in her Louisville office.

Julia Atherton NMLS 645994

 502.426.7840 office