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(702) 808-7493

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Streamline Home Loans offers reverse mortgages tailored for homeowners aged 62 and above, allowing them to convert a portion of their home equity into tax-free income.

Benefits:
  • Eliminates the need for monthly payments, providing retirees with an alternative income stream

  • Preserves homeownership, granting seniors financial flexibility without selling their property

  • Allows flexible payment options—lump sum, monthly installments, or a line of credit—providing adaptable solutions for diverse financial needs

Contact Us to Get Your
Reverse Mortgage Started!

Thank you for reaching out! Someone from our team will be in touch shortly.

*Borrowers required to maintain on-time and applicable payments for real estate taxes and homeowners insurance.

ACTIVE REVERSE
1,000,000+
MORTGAGES IN U.S.
AVERAGE AGE FOR OBTAINING
72
A REVERSE MORTGAGE
CURRENT 2024
$1,149,825
REVERSE MORTGAGE LIMIT

A reverse mortgage offers an attractive choice for seniors seeking supplementary income during retirement while retaining homeownership.

Who You Work With Matters!
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We understand how complex and demanding the mortgage process can be.  Our loan process is true to our name...Streamlined and simple.  From the very first meeting, we encourage our team members to be thorough and detailed when assisting customers, to take as long as it takes, as many times as it takes, to make sure every client has the answers they need.  

Our company specializes in product variety, experienced teams, sophisticated software, and quick closings. Let's see how we can Streamline your mortgage!

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Frequently Asked Questions

What is a reverse mortgage?

A reverse mortgage is a loan that allows homeowners aged 62 and older to convert a portion of their home equity into cash, without the need to sell their home.

How much money can I get from a reverse mortgage?

The amount is determined by factors like the borrower's age, home value, interest rates, and the chosen payout option.

What happens if the loan balance exceeds the home value?

With a government-insured reverse mortgage, the borrower or their heirs will not be responsible for paying the excess if the loan balance surpasses the home value.

How do I qualify for a reverse mortgage?

Qualification is based on factors such as age, home equity, and the value of the home. Credit score and income are generally not primary considerations.

Can I outlive my reverse mortgage?

No, as long as you continue to live in the home as your primary residence, you cannot outlive a reverse mortgage.

How does the interest on a reverse mortgage work?

Interest accrues on the loan balance over time, but the borrower is not required to make monthly interest payments.

What are the repayment terms?

Repayment is typically not required until the last borrower permanently leaves the home. The loan is then repaid through the sale of the home.

Will I still own my home with a reverse mortgage?

Yes, homeownership remains with you. The lender only gains ownership if you no longer live in the home.

Can I lose my home with a reverse mortgage?

As long as you continue to meet the loan obligations, such as paying property taxes and homeowners insurance, you cannot lose your home due to a reverse mortgage.

Our experienced team can guide you through the process.

(702) 808-7493

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© 2024 Streamline LLC. D/B/A Streamline Home Loans. NMLS# 1810048 (www.nmlsconsumeraccess.org). All rights reserved. Streamline Home Loans is an Equal Housing Opportunity Lender. This is not an offer to enter into an agreement. Information, rates, & programs are subject to change without prior notice and may not be available in all states. All products are subject to credit & property approval. Streamline Home Loans is not affiliated with any government agency.
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