*For New York the minimum age is 60. Some products may not be available in all states, please contact your loan officer for a complete list of availability.
**The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes and homeowner's/hazard insurance, and HOA fees as applicable. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.
***If you are thinking about debt consolidation, you might want to first consult a non-profit credit counselor
****Nationwide Mortgage Bankers, Inc. does not provide legal, investment, accounting or tax advice, please consult a licensed attorney, financial planner, CPA or tax professional on these ‘tips’ and any information or opinions contained herein.
Nationwide Mortgage Bankers, Inc. (“NMB”), going by NMB Home Loans, Inc. in the states of Georgia and Illinois. NMLS# 819382 (www.nmlsconsumeraccess.org) Equal Housing Lender | 3 Huntington Quadrangle, Suite 403N, Melville, NY 11747 | (833) 700-8884 | www.nmbnow.com; NMB is in no way affiliated with Nationwide Mutual Insurance Company. NMBNOW is a registered DBA of Nationwide Mortgage Bankers, Inc. Nationwide Mortgage Bankers is not acting on behalf of or at the direction of HUD, FHA, or the federal government. All loans are subject to Credit and Appraisal Approval. Program, Rates, Terms, and Conditions are subject to change without notice. A reverse mortgage is a loan and may result in negative equity. This is not a commitment to lend. Licensed under the California Finance Lenders Law by The Department of Financial Protection and Innovation #60DBO73939 | Georgia Residential Mortgage Licensee | Illinois Residential Mortgage Licensee | Licensed by the N.J. Department of Banking and Insurance | Licensed Mortgage Banker – NYS Banking Department | Rhode Island Licensed Lender | Licensed by the Virginia State Corporation Commission.