Are Reverse Mortgage Loans Safe?

You’ve worked hard to pay the mortgage on your home. With a reverse mortgage loan you can receive a portion of the equity that you earned. A federally insured HECM reverse mortgage loan can help you unlock that equity by increasing your monthly cash flow. Rest easy knowing you’re protected because with a reverse mortgage loan you can:

  • Access the equity in your home and stay in your home as long as you want. However, if you move, pass away or fail to pay property taxes or home owners insurance or otherwise fail to comply with the loan terms then you could be forced to sell your home or repay the loan.
  • Receive an annuity-like stream of cash flow for as long as you, the borrower(s) remain in the home, maintain the home, continue to stay current with property tax and homeowner's insurance payments and otherwise comply with the loan terms. Some borrowers elect to receive a lump-sum payment rather than the monthly payments.

Speak with one of our professionals today and learn how you can make the most of a reverse mortgage loan.

If you're ready to get started on your reverse mortgage loan - apply now.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

Broker Disclosure:
All programs subject to change without notice. All services rendered by Brookstone Mortgage Corp (NMLS# 915904) are to assist in providing mortgage loans. Brookstone Mortgage Corp brokers out this loan. Subject to borrower qualification. The information on this section is intended for informational purposes and is not an offer to extend credit.

Brookstone Mortgage Corp

7220 Trade Street, Suite 132, San Diego, California 92121
Phone: 858-722-3206 | Fax: 888-219-8036
Email: lmdelgado1@outlook.com
NMLS# 915904. Licensed to conduct business in the following states: AZ (#0923614), CA (CA Bur of Real Estate - Real Estate Broker, Broker# 01919508), TX (Mortgage Company License). These materials are not from HUD or FHA and were not approved by HUD or a government agency.

Texas Mortgage Broker Disclosure

CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV. THIS DISCLOSURE WAS DELIVERED TO THE CONSUMER VIA OUR WEBSITE.