How Do I Qualify?
Qualify for H.E.A.L is simple!
Be at least 62 years or older
(a non-borrowng spouse may be under age 55)
Own and live in your home as your primary residence
(6 months and 1 day annually)
or call 1 888 871 0834
Of course, you have to continue paying property taxes and home insurance just like any home loan.
How Much Money Can I Get?
Great question! The amount you can receive depends upon:
Age of the Youngest Borrower
The older you are the more equity you can access.
Appraised Home Value
The higher your home’s appraised value, the more cash you can get.
Current Interest Rate
The lower the interest rate, the more money you can get
Home Equity Access Loan increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). H.E.A.Ls terms include occupying the home as your primary residence, maintaining the home, paying property taxes and homeowners insurance.
or call 1 888 871 0834
It's that easy!
Of course, you have to continue paying property taxes and home insurance just like any home loan.
or call 1 888 871 0834