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Reverse Mortgages, Glendora California-Generation Mortgage Company

146 N. Glendora Ave. #105, Glendora, CA 91741
909-524-8713
www.goingforwardinreverse.com
Hours: 8am -5pm and By appointment
Payment: None needed
  • We also service the La Verne area.
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    About Reverse Mortgages, Glendora California-Generation Mortgage Company

    Categories: Real Estate | Other Real Estate

    Status: Reverse Mortgages, Glendora California-Generation Mortgage Company New profile, Blog and more!
    Last updated 2011-12-06 17:39:50.835945

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    Your Reverse Mortgage Professional For Life! Reverse Mortgages are available for homeowners 62 and older who want to stay in their existing home or purchase a new principal residence. It allows them to access a portion of the equity and use it for any purpose. Since accessing home equity is not a taxable event, the proceeds for the reverse mortgage are not subject to any income tax. Homeowner’s always retain title to their home. The homeowners are responsible for paying property taxes, keeping homeowner’s insurance in force and maintaining the home. Borrowers can choose how to receive their funds, as a lump sum, monthly income, a credit line, or a combination of these. There are no monthly mortgage payments required as long as one borrower lives in the home. The loan must be repaid when all owners are permanently out of the home.

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    Joe is a hard working and knowledgable. Gene Morrill
    By Certified Auto Specialists on January 16, 2009 at 11:24 AM

    Reverse Mortgages, Glendora California-Generation Mortgage Company 3.0 out of 5 4 1

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    The thing I like best about Reverse Mortgages, Glendora California-Generation Mortgage Company is...

    • Great Staff
    • Amazing Deals
    • Always on time
    • The Highest Quality
    I would recommend Reverse Mortgages, Glendora California-Generation Mortgage Company to my Facebook Friends

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