Benefits of the Reverse Jumbo Loan
✓ Available to borrowers ages 55+ in California
✓ Higher Home Values can access more home equity with Loan Amounts Up to $4 Million
✓ The borrower can eliminate monthly mortgage payments*
✓ No Mortgage Insurance Premium Required
✓ Non FHA Approved Condos allowed
✓ Non Recourse (You will never owe more than the home is worth when the loan is repaid)
✓ Access all available proceeds in one lump sum
✓ Fixed Rates Available
*As with any mortgage, you must meet your borrower obligations throughout the life of the loan, including keeping current with property taxes, insurance and home maintenance
