Blog

Jun
27
Reverse Mortgage Essentials

Welcome to the newest members of the SMP Mortgage family!

Our Reverse Mortgage team is here to support your niche product lending needs for Seniors 62+… no longer a loan of last resort the NEW Reverse Mortgage programs are designed for a new generation of retirees.

Working with Realtors, home builders, and financial planners are just a few of our regular networking partners for these great Home Equity programs.

What’s new?

*The lending limit for a traditional FHA Home Equity Conversion Mortgage is now $726,525

*Some programs in approved states now available for age 60+ (the new 62!)

*Non-FHA products are now available for homes $300,000 up to 4M, eliminating the need for mortgage insurance however, still providing personal liability protection for a Senior and their families.

*Condos valued at $500,000+ may no longer need to be in an FHA insured complex.

We look forward to sharing more about the Power of the Program in the next several weeks. If you have a referral that you would like us to contact, or simply review their potential options for a Reverse Mortgage with you just use our quick link… we are here to support you!

http://cloud.reply-smprate.com/referralsmpreverse


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CONTACT

Success Mortgage Partners

Reverse Mortgage

Success Mortgage Partners

Reverse Mortgage

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Phone: 1-833-SMP-RVMG or 1-833-767-7864

Phone: 1-833-SMP-RVMG or 1-833-767-7864

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This material has not been reviewed, approved, or issued by HUD, FHA, or any governmental agency. The company is not affiliated with or acting on behalf of or at the direction of HUD, FHA or any other government agency. Success Mortgage Partners, Inc., 1200 South Sheldon Road, Suite 150, Plymouth, MI 48170, NMLS #130562, HUD ID No. 21293-0000-5, MI #FR0020098, FL #MLD 623, NMLS #130562, GA #GRMA-36474, IN #19238, IL #MB 6761028, TX Reg #130562, NC #L-159206. Not all products and options are available in all states. Terms subject to change without notice. This is not a loan commitment. All loans are subject to approval.

This material has not been reviewed, approved, or issued by HUD, FHA, or any governmental agency. The company is not affiliated with or acting on behalf of or at the direction of HUD, FHA or any other government agency. Success Mortgage Partners, Inc., 1200 South Sheldon Road, Suite 150, Plymouth, MI 48170, NMLS #130562, HUD ID No. 21293-0000-5, MI #FR0020098, FL #MLD 623, NMLS #130562, GA #GRMA-36474, IN #19238, IL #MB 6761028, TX Reg #130562, NC #L-159206. Not all products and options are available in all states. Terms subject to change without notice. This is not a loan commitment. All loans are subject to approval.

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