Exclusive Hawaii or California Jumbo Reverse Mortgage

Loan amounts up to $4 million to refinance or purchase!

If you’re age 62 or older and you own or wish to purchase a higher-valued home, you can now access more of your home equity or spend less cash to buy a new home.

Advantages of the Hawaii Jumbo Reverse Mortgage over the Home Equity Conversion Mortgage (HECM):

Loan amounts up to $4 million—significantly more than a HECM allows

No mortgage insurance premium

No initial disbursement limitation—you can take the full amount at closing

Condominiums appraised at $500,000 or more do not require FHA approval

Use a Jumbo Reverse Mortgage to eliminate mortgage debt
and free up funds to pay for virtually anything!

You can use your proceeds as you choose and to fund a more comfortable and secure retirement. For example:

Pay off existing mortgage debt to eliminate monthly mortgage payments and improve cash flow

Buy a house or condo in an upscale area

Pay for home improvements

Cover medical or in-home care expenses

Refinance an existing reverse mortgage to access a larger pool of funds

Contact us for a consultation and have all of your Hawaii reverse mortgage questions answered today!

You’ll find out:
Do I qualify for a reverse mortgage?
How much money can I get?
Is a reverse mortgage right for me?
How does a reverse mortgage work?
What kind of reverse mortgage products are available to me?

No Application Fee!

This material is not from HUD or FHA and has not been approved by HUD or a government agency.

This general information is NOT a substitution for the advice of an attorney, accountant, and/or financial planner. Before you decide to pursue a reverse mortgage, you should carefully consider your individual circumstances so you can make a wise decision about the most valuable asset you may own—your home. Factors to consider include whether the proposed reverse mortgage is a recourse or nonrecourse loan, whether the loan would have a fixed or adjustable interest rate, and/or the current and projected market value of your home.

The lender will charge an origination fee, a mortgage insurance premium, closing costs or servicing fees for the reverse mortgage, all or any of which the lender will add to the balance of the reverse mortgage loan.
The balance of the reverse mortgage loan grows over time and the lender charges interest on the outstanding loan balance.

At the conclusion of the term of the reverse mortgage loan contract, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to the person and the borrower may need to sell or transfer the property to repay the proceeds of the reverse mortgage from the proceeds of the sale or transfer or you must otherwise repay the reverse mortgage with interest from other personal assets. In order to retain the home when the reverse mortgage becomes due that (1) the consumer or the consumer’s heirs or estate must pay the entire loan balance and (2) the balance may be greater than the value of the consumer’s home.

The consumer retains title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts may cause the reverse mortgage loan to become due immediately and may subject the property to a tax lien or other encumbrance or to possible foreclosure.
Interest on a reverse mortgage is not deductible from the consumer’s income tax return until the consumer repays all or part of the reverse mortgage loan.