Do you make recurring payments to an aging parent? Do you want to ask for help from your adult child and have something to offer in return? The Retirement Mortgage package detailed below may be a good fit for you. We know the questions to ask to help you find out. Give us a call.
Services
Retirement
Mortgage |
Everything you need. Except the following.
No lending limit, no age requirement,
and no closing. |
$2,499 |
Documentation includes:
- A line of credit note
- An open-end mortgage
- Recording with the proper authorities
Optional servicing (starting at $9 per month) includes:
- Disbursements and record keeping for all parties
- Electronic fund transfers
- Email statements
- Online account access
- Year-end reporting
- Toll free customer support
Preparation Services include:
- An automated property appraisal
- A basic title search
- Support from a private loan specialist throughout the process
Both parties will receive our service and support for the life of the loan.