Michael Kennedy

Reverse Mortgage Consultant
Chapter: Spindle City Chapter

I help homeowners 62 and older access some of the equity they've built up in their homes which comes to them tax free and can be used for any purpose whatsoever. As long as they live in the home and pay the real estate taxes and homeowners insurance, they never have to make a payment on the principal or interest. When the last person moves out the reverse mortgage becomes due and payable in twelve months, which is usually by selling the house.