Reverse Mortgage, Reverse Mortgages, Reverse Mortgage Expert, Illinois

Welcome To Reverse Mortgages

Reverse Mortgages of Illinois & Wisconsin, a branches of Seattle Mortgage, is committed to helping older Americans in need or want to find safe answers to their financial challenges, by increasing their awareness and understanding of the Federally-insured reverse mortgage program.

The reverse mortgage is an essential financial option for most older homeowners, yet too few have been able to utilize this vital social innovation. Reverse Mortgages of Illinois & Wisconsin is committed to ethical standards and consumer education to make the reverse mortgage option available to all who may benefit.

1-800-207-5478

Quick Facts about Reverse Mortgages of Illinois & Wisconsin
• Covering the entire state of Illinois. Home office located in Lake Zurich, Illinois & Bristol, Wisconsin.

• Statewide representatives available to meet you in the comfort and convenience of your own home.

• All loan processing done in state to provide efficient and expeditious care.

• Working diligently with the senior community to educate, assist and inform seniors of the financing options available to them in their golden years.

• Member of the National Reverse Mortgage Lenders Association

• An Illinois Residential Mortgage Licensee

• A Wisconsin Residential Mortgage Licensee

A reverse mortgage is a special type of loan used by older Americans to convert the equity in their homes into cash. The money from a reverse mortgage can provide seniors with the financial security they need to fully enjoy their retirement years.

The reverse mortgage is aptly named because the payment stream is "reversed." Instead of making monthly payments to a lender, as with a regular first mortgage or home equity loan, a lender makes payments to you, all the while continuing to own your home and hold title to it.

The money from a reverse mortgage can be used for ANYTHING: daily living expenses; home repairs and home modifications; medical bills and prescription drugs; pay-off of existing debts; continuing education; travel; long-term health care; prevention of foreclosure; and other needs.

Seattle Mortgage, doing business as Reverse Mortgages of Illinois and Reverse Mortgages of Wisconsin is a direct lender for the reverse mortgage program. Seattle Mortgage has been recognized by Fannie Mae as one of the largest servicing companies for the reverse mortgage program, maintaining over 15,000 loans in their portfolio, and growing!

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	An Illinois Residential Mortgage Licensee A Wisconsin Residential Mortgage Licencee Member of the National Reverse Mortgage Lenders Association Copyright 2004-2006