The experienced team at Corban Financial Group is committed to providing clients with the highest quality financial services combined with the lowest rates available in your area. This Reverse Mortgage Calculator has been designed to help take the guess work out of your Reverse Mortgage research. Have a Reverse Mortgage questions? Find all the answers you are looking for by viewing our Information Center!
Corban Financial Group was established in 1992. We work with some of the best lenders that exclusively specialize in Reverse Mortgages which allows us to find your best fit and focus on your needs! We provide excellent service in Redondo Beach, Torrance, Hermosa Beach, Rancho Palos Verdes, Palos Verdes Peninsula, San Pedro and the whole state of California!
Corban Financial Group was established in 1992. We work with some of the best lenders that exclusively specialize in Reverse Mortgages which allows us to find your best fit and focus on your needs! We provide excellent service in Redondo Beach, Torrance, Hermosa Beach, Rancho Palos Verdes, Palos Verdes Peninsula, San Pedro and the whole state of California!
Services
With 40 years of experience working in the Income and Estate Tax Planning industry, we know the best way to take income or structure the estate to minimize the tax burden associated with transferring the estate to Heirs. We know that a reverse mortgage is a fantastic financial tool! It can be very creative in use and result in more benefit to the Home Owner.
A reverse mortgage is a unique loan option available to certain seniors age 62 and older. This type of loan is insured through the Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development. Reverse mortgages allow seniors to live in their homes or purchase a new home as a primary residence and live mortgage free in exchange for the equity they have built.
Home Equity is our most valuable asset. It may also be our most versatile Asset. As an option, use the equity to delay taking Social Security at age 62, by doing so, the withdrawal would occur at age 70 1/2 and it would have the added benefit of an 8% per year growth to your benefit. This advantage becomes very substantial when you finally exercise the Social Security withdrawal.
Are you interested in reverse mortgage but unsure if you meet eligibility requirements? This unique federally backed lending option allows homeowners to borrow against their equity in their homes, while continuing to live in them, mortgage-free. This type of loan is only available to certain would-be borrowers who meet certain requirements and would most benefit from it.
A reverse mortgage is a unique loan option that allows senior borrowers who have paid off most or all their mortgages to live in their homes for the remainder of their lives, mortgage-free, in exchange for their equity. The most common form of reverse mortgage is a home equity conversion mortgage (HECM), which is insured through the Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development.
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Aug 26, 2021
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