Open Mortgage - Melinda Hipp

About Open Mortgage - Melinda Hipp

Texas and Florida Reverse Mortgages with Open Mortgage and Melinda Hipp may be just the solution for homeowners 62 and over who are house rich and cash poor or looking to downsize or up size to a new home. A Reverse Mortgage is a type of home equity loan that may allow you to access the equity you have built up over the years or have available in a new purchase, while still keeping the title to the home in your name. This is all with no monthly mortgage payments and a simple financial assessment (homeowners must keep property taxes, insurance and HOA dues paid current and must maintain the home as their primary residence.) Here are some other great reasons why a Reverse Mortgage may be the right product for you RIGHT NOW!