Guardian First Funding is a leader in the Reverse Mortgage industry.  All we do is Reverse loans and we know this product inside and out.   A Reverse Mortgage is Government sponsored Home Equity Line of credit offered to help Seniors keep up the rising costs of living expenses.  Senior citizens are now able to access to the equity in their home in a variety of ways without the burden of making monthly mortgage payments. 

It's SIMPLE, with a traditional mortgage you make monthly payments and your loan balance slowly decreases.  With a Reverse Loan you receive monthly payment and your loan balance slowly increases.Yes you still Remain on Title.  No, you are not signing your home over to the bank.  It’s simply a lien against the property just like any other mortgage. 

The Program was created to help you remain in the comfort of your home as long as your choose.  If you choose to sell your home, the sales proceeds are used to pay off the loan balance and all remaining equity is yours to keep.  If you should pass, the equity in the home will pass to your heirs.  Best of all you could never owe more then the property is worth.           

Qualifying is Simple, you need to be 62.  You don’t need income, credit or employment to qualify. And of course there are no health qualifications.  And don’t forget, NO MONTHLY PAYMENTS ever…..