A reverse mortgage unlocks a portion of equity in your home and provides
immediate access to funds while eliminating the burden of monthly
Reverse mortgages provide a steady source of tax-free income from which the
proceeds may be taken as a lump sum, monthly distributions, a line of credit or
any combination of these options.
You can use these funds for almost anything, including:
» Eliminating existing mortgage and monthly payments
» Making home repairs and paying taxes
» Paying for health care costs
» Providing additional income
» Serving as a tax-free retirement income tool
Call us today for more information.
Attorney Jerry Congdon
Reverse Mortgage Specialist
Serving Eastern Massachusetts
and surrounding regions.
Mortgage products are provided by Greenpark Mortgage, a division of Berkshire Bank; NMLS Registry Number 506896. Rates offered by Greenpark Mortgage, a division of Berkshire Bank; Member FDIC.
Equal Housing Lender. Consult your Social Security, Medicare or other financial advisor to determine how reverse mortgage payments may affect your particular situation. Consult your tax advisor. You must continue
to occupy your home as your primary residence and keep it in good repair, with all taxes and insurance premiums up to date. Subject to the terms of your mortgage.
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