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Reverse Mortgage Reality | Reverse Mortgages in Ambler PA

Reverse Mortgage Reality | Reverse Mortgages in Ambler PA
5 star(s) from 3 votes

Reverse Mortgage Reality is proud to be the #1 Trusted Provider for Reverse Mortgages In Montgomery County, PA. Since 2008, we’ve helped folks in Ambler, Blue Bell, Bryn Mawr, Collegeville, Pottstown, Willow Grove and everywhere in between. But we don’t stop there. We also work with seniors in Philadelphia, Bucks County, Chester County, Delaware County and all across Pennsylvania.

Here’s who we help…

  • Seniors looking for reverse mortgage information for themselves
  • Family members looking at a reverse mortgage as an option for loved ones
  • Trusted advisors like attorneys, CPAs, financial advisors and home health care agencies
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EDUCATION FIRST

At Reverse Mortgage Reality, we have an Education First model. Here’s how it works…

  • First, we TEACH you about how reverse mortgages in Montgomery County, Pennsylvania work.
  • Next, we LEARN about your situation. Together, we figure out if a reverse mortgage is an appropriate solution that will help you.
  • Finally, IF a reverse mortgage is the right option for you, we’ll walk you through the process, hand in hand.

WHAT TO DO NEXT

No matter where you are in the information gathering process, we’ll be glad to help. Please call locally (267) 289 1095 or click below for a detailed proposal.

CLICK HERE FOR A FREE REVERSE MORTGAGE ANALYSIS

WHAT IS A REVERSE MORTGAGE?

A reverse mortgage is a program for seniors who are 62 or older, own their home and want to stay there. It allows you to take a portion of your home’s value(based on your age), in tax free cash, without requiring monthly payments.

If you’re wondering why you don’t get the ENTIRE value of your home, its because you aren’t selling it to the reverse mortgage company. You remain the full owner and you stay on the deed. With that said, we get paid back when you(or both you AND your spouse) pass away or sell your home. More on that later….

When you get a reverse mortgage, first, we pay off anything that’s owed on your home. This means a first or second mortgage, a HELOC, any sort of loan, taxes or judgments.

Next, if you qualify for extra money, you can access it up front in 2 lump sums, as monthly income(just like an annuity), or you can leave it in a line of credit that actually grows tax free over the years.

By the way, if you don’t owe anything on your home you’ll be ok. You’ll still be able to get a reverse mortgage in Montgomery County, PA.

reverse mortgage montgomery county, pa

 

Now, while we’re here, let’s learn a little bit more about what reverse mortgages are and how reverse mortgages work.

If you’d like a reverse mortgage calculator…below we’ll show you how much cash you can get and your options.

CLICK HERE FOR A FREE REVERSE MORTGAGE QUOTE

Here are your Montgomery County, PA Reverse Mortgage options. Reverses are broken into 3 types, the federally insured reverse mortgage(HECM), a JUMBO reverse mortgage and the reverse mortgage for purchase. Below we’ll go over each option…
 

HOW REVERSE MORTGAGES HELP SENIORS

You just briefly read about how Robert used a reverse mortgage to purchase his forever home close to his grandkids. In addition to buying a home, how else can a senior use a reverse mortgage in Montgomery County, PA?
 


✅ Eliminate Your Existing Mortgage/Bills and Save Cashflow

✅ Pay for Home Health Care to Age In Place

✅ Buy Your “Forever Home”…Just Like Frank

✅ Get Annuity Style Income(but without the taxes)

✅ Create a Line of Credit that Grows Over the Years(again tax free growth)

✅ Fund a Business

✅ Take Care of Family Members

✅ Aid In “Grey Divorce”

✅ Self-fund Long Term Care(by either buying a policy OR setting your own line of credit)

✅ Create Another Bucket of Money to Draw From

✅ Stop Drawing Down Retirement Accounts(and save the taxes too)

Etc Etc Etc

The bottom line is, if you’re looking information, have a question or want a quote we’d be glad to help. At Reverse Mortgage Reality, we help folks all over Pennsylvania(and the country), but our hearts are in Montgomery County, PA. Reverse Mortgage is a wonderful program for senior citizens, and we’re more than happy to walk you through the process hand-in-hand. For contact information…

CALL US AT (267) 289 1095 OR

CLICK HERE FOR A FREE REVERSE MORTGAGE QUOTE

Contact Information

  • 1412 Fort Washington Ave
    Ambler, PA 19002
    USA
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  • Hours

    Monday:
    8:00 am - 7:30 pm
    Tuesday:
    8:00 am - 7:30 pm
    Wednesday:
    8:00 am - 7:30 pm
    Thursday:
    8:00 am - 7:30 pm
    Friday:
    8:00 am - 7:30 pm

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Reviews

 Google My Business Review, 10-14-2021

By: Arlene Harding

I had the pleasure of meeting Jason Eichmiller, who took me step by step through the process of applying for a Reverse Mortgage.

Jason took the time to thoroughly explain how a reverse mortgage worked and answered all my questions (even though I repeated a question or two) and he conducted himself in a professional manner.

I was so pleased with our meeting, that I have recommended Jason to my family and friends.

Jason is a 5 star representative.

Additional Information

Review Made By: Former Client