MORE BUYING POWER for Property Owners 62 and older......HECM for purchasing....

Did you know Ronald Reagan started an FHA government insured loan for Seniors that wanted to stay in their homes and purchase a 2nd home with their assets and equity in their primary and never have to qualify as there is no monthly payment? You can buy a $600,000 house by putting down approximately half and never make a monthly payment. The debt gets settled after you're gone or sell it or your kids inherit it and/or possibly they can assign it over to the lending institution to cover the debt. You just need to keep up to date on current taxes, home owner's insurance and home owner association dues...GREAT PROGRAM ! Works for new construction too. Call Kathy McDonald HECM Specialist/Reverse Mtg Advisor Located at the Shops in Salishan on the Oregon Coast. 541-921-8814/ 888-721-8814 kmcdonald@rfslends.com 7755 Highway 101 North , Ste. F10 P.O. Box 84 Gleneden Beach, OR 97388