Attn Seniors: 50% down payment and no mortgage payments in Thousand Oaks, CA

Yes, it is an option that most don't know about.A senior citizen can put down say a 50% down payment, and possibly not have to make a payment on the balance of the loan for the rest of their life on the remaining mortgage.Qualifying for the reverse mortgage purchase loan primarily depends on the borrowers age and the amount of the down payment, and the property must be their primary residence.Credit scores and income to qualify are not the main factors as is the case with traditional mortgages.Want to know more about this government backed loan?Feel free to give us a call at [removed phone] ext. 1Best Capital Funding is a local and trusted lender.