Find Out How To Secure Your Retirement With A Reverse Mortgage Loan Fort Lauderdale

Kloze is the lender to turn a reverse mortgage loan in Fort Lauderdale, FL from a great idea into a reality. With a reverse mortgage loan, Fort Lauderdale retirees can have access to an added income stream without the worries or budgeting required of a home equity loan.

The Benefits of a Reverse Mortgage Loan Company In Fort Lauderdale

With regard to the demographics ideal for a reverse mortgage loan, Fort Lauderdale and its robust retirement community is a national leader. Reverse mortgage loans are available to all homeowners at least sixty-two years of age and can allow you to borrow against the equity of your home. The difference between a reverse mortgage loan and a home equity loan is that an equity loan must be paid back, meaning you must weigh the advantages of the added income against the burden of repayment.

Reverse mortgage loans, on the other hand, require no out-of-pocket payments until death or the sale of the home. At that time, the balance is paid through the sale of your home. The money does not become due if a husband or wife passes away and the surviving spouse continues to live in the home, eliminating another potential worry.

Income from Reverse Mortgage Loans

Monthly income from your reverse mortgage loan is carefully structured never to exceed the value of your home. This also means that, because of your home’s status as collateral, anyone with home equity can qualify for a reverse mortgage loan, regardless of their credit rating. Also, this income is not taxed and will not affect your Medicare or Social Security benefits. It’s a risk-free, tax-free, worry-free way to allow you to enjoy your retirement or a way of buying a new home with a reverse mortgage that has an added peace of mind, and gives you cash in hand.

Kloze Leads Reverse Mortgage Loan Lenders in Fort Lauderdale

At Kloze, we’re fully committed to finding lending solutions for potential and current homeowners. While we offer reverse mortgage loans as one of our industry-leading products, we provide a full range of mortgage solutions. Each product in our catalog is designed to meet a specific need of mortgage borrowers. These products include conventional mortgage loans, both fixed-rate and adjustable-rate, as well as specialty products that tap into some of the benefits through programs run by the Federal Housing Administration and Veterans Affairs.

These specialty programs can significantly improve borrowers access to credit, lower up-front costs, and realize exceptionally low-interest rates. We view each as a pathway to help Americans achieve their goals of home ownership, just as, in your later years, a reverse mortgage loan can help you achieve your retirement goals and put your hard-earned money that you’ve invested in your home to work for you.

Being able to provide you with the mortgage product you need is only half the equation. The other part of that equation is finding the right people to service your loan. Our staff, from customer service representatives to mortgage professionals, is passionate about lending and its power to transform lives, not just move money. We serve people through lending.

Because reverse mortgage loans are a relatively new and less common product, we realize you may have questions. After all, some aspects of it seem simply too good to be true. Yet again, the quality of people becomes paramount. The expert staff of Kloze is able to talk you through each step of the process and, because we have such a rich and diverse experience in the lending marketplace, compare your options or help you understand how a reverse mortgage loan differs from other products.

Discussing Your Reverse Mortgage Options with a Member of the NHL TeamNHL Lending

Whether you’re ready to sign on the dotted line or just want to chat, we’re here for you. We don’t believe in gimmicks and strive to provide you all the information you need to make an informed decision. We’re confident that speaking with one of our people will be the best testament to the values and interests of our company, all of which center on you.