Methods for turning home equity into income have been limited for owners of high value homes. 
Almost all jumbo reverse mortgages were suspended when the credit crisis hit in 2008. 

The HECM Reverse Mortgage has filled a void with the increased limits as a result of the stimulus plan and the higher limits.  The fixed rate HECM is very attractive and provides more money than ever before for high value homes. 

HECM Fixed Rate Reverse Mortgage - $625,500 max claim amount.

maggie o'connell

Maggie O’Connell has been helping homeowners get reverse mortgages in California for 17 years with all positive reviews from people she has helped. Coupled with years of experience, a caring attitude and the backing of American Pacific Mortgage, a nationally recognized Mortgage Banker licensed in 18 states with over 150 branches, seniors can rest assured they have made the right choice for their Reverse Mortgage Originator.

Listen to this endorsement from Rob Black of Rob Black and Your Money on KRON4 in San Francisco!

 

Want to learn more? Call Maggie O'Connell on (800) 489 0986 or contact her using the form below!




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