What is a Reverse Mortgage?
Homeowners can now turn the equity in their home into monthly income. It's like a house payment in reverse!

This Home Equity Conversion Mortgage is a loan backed by the Federal Government and allows Seniors to access the equity of their home while continuing to live in it. Rather than making a payment to your lender each month, the lender pays you.

How to Qualify:
- You must own your own home.
- You must be a least 62 years old.
- There are no income or credit qualifications.

Benefits:
- No mortgage payments as you live in your home.
- Guaranteed monthly income for the rest of your life, a lump sum distribution, credit line, or combination of any of these choices.
- Does not affect social security benefits.
- All proceeds are tax free.
- You still retain the title to your home.
- You are free to use the money for anything you choose!

For more mortgage information please call our trusted mortgage lender,
John Yeager at 760-749-8931.

Area Resources:
- California Medicaid Office
- California Department of Aging
- State Property Taxes

Retirement Resources:
- Department of Social Security Online
  1-800-772-1213
- U.S. Department of Health and Human Services
  1-877-696-6775
- AARP
- RetireNet Southern California
- American Society on Aging
- Aging & Independence Referral Services for Seniors
  (800) 510-2020
- County Welfare/Medical, Food Stamps, Medicaid
  (760) 741-4391
- Medicare Billing Questions
  (800) 675-2266
- Lifeline Community Ser, Legal Advice, Transportation
  (760) 726-4900
- Legal Aid Society, Legal Assistance and Referral
  (760) 724-2740

	Verle & Helen Yoder (760) 522-7548 (951) 440-6219 Email Us
	333 S. Juniper St. #210, Escondido, CA 92025

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