Equity Available Mortgage
EquityAvail offers a unique solution by blending elements of traditional mortgages and reverse mortgages. This innovative program kicks off with 10 years of consistent monthly mortgage payments, transitioning afterwards into a structure reminiscent of a reverse mortgage. During the latter phase, borrowers are relieved of the monthly mortgage payment burden for the remainder of the loan's term. It's important to note that property tax and insurance responsibilities lie with the borrower throughout the loan duration.
Ideal for individuals aged 55 and above, EquityAvail caters to homeowners who reside in and own their primary residence, currently holding a forward mortgage. This alternative is specifically designed for those who may face challenges qualifying for a traditional reverse mortgage due to closing cost constraints.
For more information on how EquityAvail can meet your financial needs and goals, please reach out to us at Infinity Financial Mortgage Corp.
EquityAvail offers a unique solution by blending elements of traditional mortgages and reverse mortgages. This innovative program kicks off with 10 years of consistent monthly mortgage payments, transitioning afterwards into a structure reminiscent of a reverse mortgage. During the latter phase, borrowers are relieved of the monthly mortgage payment burden for the remainder of the loan's term. It's important to note that property tax and insurance responsibilities lie with the borrower throughout the loan duration.
Ideal for individuals aged 55 and above, EquityAvail caters to homeowners who reside in and own their primary residence, currently holding a forward mortgage. This alternative is specifically designed for those who may face challenges qualifying for a traditional reverse mortgage due to closing cost constraints.
For more information on how EquityAvail can meet your financial needs and goals, please reach out to us at Infinity Financial Mortgage Corp.
EquityAvail offers a unique solution by blending elements of traditional mortgages and reverse mortgages. This innovative program kicks off with 10 years of consistent monthly mortgage payments, transitioning afterwards into a structure reminiscent of a reverse mortgage. During the latter phase, borrowers are relieved of the monthly mortgage payment burden for the remainder of the loan's term. It's important to note that property tax and insurance responsibilities lie with the borrower throughout the loan duration.
Ideal for individuals aged 55 and above, EquityAvail caters to homeowners who reside in and own their primary residence, currently holding a forward mortgage. This alternative is specifically designed for those who may face challenges qualifying for a traditional reverse mortgage due to closing cost constraints.
For more information on how EquityAvail can meet your financial needs and goals, please reach out to us at Infinity Financial Mortgage Corp.