Reverse Mortgages

A reverse mortgage is where you don’t have to make a payment out-of-pocket, rather the equity in your home makes the payment for you. To qualify, you must be at least 62 years old (although in some instances you may be able to qualify at 55 years old). You’ll need approximately 50% equity in your home. Also, you must reside in the home as your primary residence. Reverse mortgages can be home equity lines of credit, fixed rate, and can be jumbo.

When shopping for the best mortgage broker in Arizona, you need to know the history of the company and their mortgage brokers.  At Counsel Mortgage Group, LLC, founded by an experienced CPA and attorney, we have closed hundreds of loans over the years and specialize in assisting you to obtain the right loan.  Check out our experienced mortgage brokers and give us a call today or contact us.  We look forward to working with you!