<p>Shay Samuch is the Branch Manager at Nationwide Equities located in Jericho, NY. Since 2004, the Company has been expanding and is positioned to become one of the most recognized and respected leaders in the mortgage industry. Now, with over 20 locations across the country, Nationwide Equities boasts an ever-expanding network of branches. <br />By offering mortgages as a broker or as a direct lender, Nationwide represents the convergence of the best in product, price and service.</p>
<p>We provide in HOME CONSULTATION!!<br />We provide a Consultatative approach.<br />We provide expert insight to the REVERSE MORTGAGE industry<br />We work with a team of advisors and estate planners to properly guide you all aspects of REVERSE MORTGAGE.</p>
<p><br />Call for a Quote or to Arrange a Consultation.</p>
<p>The Facts</p>
<ul>
<li>A Reverse mortgage is a specialized loan for SENIORS 62 and older </li>
<li>A reverse mortgage allows seniors to access a portion of the equity in their home. </li>
<li>Borrowers maintain title and ownership of their home. </li>
<li>Proceeds from a reverse mortgage are not subject to personal income taxation, but borrowers should seek tax advice on how proceeds may effect government needs-based programs such as Medicaid and Medi-Cal. </li>
<li>It is not a government grant, but a loan that is repaid in the future when the last borrower dies or permanently leaves their residence </li>
<li>A reverse mortgage is eligible only for the borrower's primary or principle residence </li>
<li>HUD counseling (from an independent third party) is required prior to the borrower incurring any costs associated with the loan</li>
<li>Borrowers should seek professional tax advice regarding reverse mortgage proceeds*</li>
</ul>
<p>CALL US TODAY!! to understand about the FACTS of a REVERSE MORTGAGE and to receive information or set up a CONSULTATION.</p>