Jumbo Reverse Mortgage: GENERATION PLUS™
Would you like additional cash to use for any purpose while continuing to live in your home? If you still have a mortgage, wouldn’t it be a relief to pay it off and eliminate your current monthly mortgage payments?
Generation Mortgage Company™ has some great news for you – with enough equity in your home, you may be able to pay off your existing mortgage and have considerable cash in your pocket! Available only through Generation Mortgage, we are now offering the Generation Plus™ JUMBO REVERSE MORTGAGE loan for higher-valued homes.
No other reverse mortgage lender has this jumbo loan program available for you today.
Ideal for homes appraised higher than $1 million, homeowners age 62 and older can now access hundreds of thousands of dollars of their equity! For example, a 75-year-old homeowner with a $1.5 million home, can typically receive nearly $500,000 in proceeds with the Generation Plus loan at 8.875% fixed interest rate. The older you are, and the higher your home appraises, the more money you can receive.
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