BENEFITS & OPTIONS
Senior Security Home Advantage can ease your financial burden by giving you a cash cushion to better enjoy retirement, whatever your lifestyle.
Given today’s economic climate, your current financial retirement planning may not be working to your advantage. Don’t starve or struggle while you sit on hundreds of thousands of dollars of equity. Whereas once your home was your biggest investment, today your home is likely your biggest asset.
Senior Security Home Advantage lets your home work for you by allowing you to turn the equity (cash) you’ve built into tax-free money to improve your quality of life. The best part, you needn't worry about making monthly payments while you continue to live in your home.
Live independently in your own home with “peace of mind” and the cherished memories you’ve created. Take charge of your finances and retirement with the reverse mortgage options available through Senior Security Home Advantage.
BENEFITS
- No monthly payments
- Use cash for any purpose
- No credit requirements—poor credit is fine
- No income qualifications—you needn’t be working
- Income is tax free
- Government endorsed and insured
- Continue to own your home
- You cannot be foreclosed or forced to sell your home to repay this loan as long as you maintain the property tax and insurance
- Neither you or your heirs will ever owe more than your home’s value
Before you can complete any reverse mortgage in the Senior Security Home Advantage program, free and independent counseling is required to ensure that all your questions are answered.
PAYOUT AND PROGRAM OPTIONS
CASH OPTIONS
You can be paid in one of three different ways or in any combination:
| Lump Sum of Cash: |
Paid to you up front |
| Line of Credit: |
At your disposal whenever
needed and grows yearly |
| Monthly Income: |
Guaranteed for life |
PROGRAM OPTIONS
There are several reverse mortgage program options available within Senior Security Home Advantage:
- Home Equity Conversion Mortgage (HECM)
The Federal Housing Association (FHA) administers the HECM program and guarantees seniors receive their requested loan advances.
Eligibility
All seniors 62 and older are automatically approved, regardless of income or credit history. The older you are, the more funds that are available to you.
Click here to see testimonials from satisfied seniors.
Click here for answers to frequently asked questions.
For more information on the many benefits of Senior Security Home Advantage, call our toll-free #: 1-888-267-7900. It’s quick and easy! |