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Reverse Mortgage Calculator

Reverse Mortgage Calculator

Hi, everybody, this is Miguel Vazquez, your reverse mortgage specialist. I just want to thank you guys for watching the video and hope everybody's having a good day. I just wanted to explain this cool tool we have on our website. It's a calculator, it's a reverse mortgage calculator. And so what it does, it gives you a very good idea of what you might be eligible to cash out. You can find this calculator on our website called: reverse mortgage plus.net.  You would go to the Power Sense calculator, all you have to do is type in your age, and then type in how much you owe on your home mortgage, whether it's $100,000, or $200,000, or $300,000, whatever the amount is that you currently owe on your house. You type in that amount, and then you just do an approximation of the value. So all you have to do for the reverse mortgage calculator is put in those three things, your age, your home value, and then your mortgage balance. Click give me calculations and then it'll give you the reverse mortgage cash out amount that you're eligible. Obviously, it's not an approval, but it gives you a good idea on what cash out amount you'll be able to get if you do the program. It takes about two minutes. Again, thank you for watching our video, if you have any questions feel free to contact us at 562-881-9811 or email us at Miguel@homecentralfinancial.com