Reverse Mortgage or traditional Home Equity Line of Credit

Many retirees look to their home's equity to supplement their income. They visit their lender and receive a home equity line of credit (HELOC). They came in looking for cash-flow. They are given cash - and a payment. Eventually, when they reach their limit - all they will have left is a payment, just the opposite of what they requested. They needed a line of credit WITHOUT a monthly payment. That's what a reverse mortgage LOC is.

Why consider a reverse mortgage HELOC instead of a traditional HELOC?

1. No monthly payment
2. Minimal credit requirements/NO income requirement
3. Credit line grows - not static; can never be frozen

Visit www.topflitereverse.com/florian to see how much you can qualify for