20220424-FAMILYCAREGIVER-T-0 - Flipbook - Page 51
THE MODERN REVERSE MORTGAGE
The information you need from a name you know and trust...
Isn’t it time you take a fresh look at the Modern Reverse Mortgage?
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Pay off your current mortgage, eliminate the need to make, or worry about making a monthly
mortgage payment.* Home paid off? Great! Use tax-free funds for home improvement, paying off
credit cards or medical bills, travel, gifts…there’s no limit to what you can do!**
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Already have a Reverse Mortgage? Call us today as interest rates are at record lows and HUD has
reduced the ongoing MIP from 1.25% to 0.5%! Refinance today and start saving tomorrow!
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Would you like a new home? One with a single level or perhaps a low maintenance yard? Time
to move closer to those grandkids? You can now purchase a new home with the Modern Reverse
Mortgage. With a one-time down payment, you can double your home buyer budget and have no
monthly mortgage payment.
Borrower must occupy home as primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees. You can sell you home at any time,
never a pre payment penalty, if you pass while in the loan your home goes to your heirs because you retain title to your home. **Not intended as tax advice. Please consult a tax professional.
James McCarron, CSA NMLS: 134401
Home Equity Retirement Specialist
Phone (410) 756-5006
4 York St., Suite 3
Taneytown, MD 21787
jmccarron@mutualmortgage.com
MutualReverse.com/James-McCarron
Mutual of Omaha Mortgage, Inc. dba Mutual of Omaha Reverse Mortgage, NMLS ID 1025894. Maryland Mortgage Lender License 21678. Pennsylvania Mortgage Lender License 72932. Virginia Mortgage Broker and Lender
License, NMLS ID #1025894 (www.nmlsconsumeraccess.org). These materials are not from, or approved by HUD or FHA. Subject to credit approval. www.nmlsconsumeraccess.org #865663757
Have confidence
IN EVERY CONVERSATION.
Do phone calls ever sound muffled or hard to follow? Captioned
Telephone, a service of Maryland Relay, can help! Similar to a
standard telephone—but with one big difference—a Captioned
Telephone displays captions of your conversations so that you can
listen to what is being spoken, while reading captions on the device’s
screen. Captioned Telephones can be purchased directly from a
third-party provider. You can find more information at MDRelay.org.
The Maryland Accessible Telecommunications (MAT) program also
offers Captioned Telephones, provided by the State, to those who
qualify. The MAT program includes a variety of equipment options
to support clearer communication, including amplified phones. Visit
our website to see if you or a loved one qualify for no-cost assistive
equipment through the MAT program.
CapTel ® is a registered trademark of Ultratec, Inc.
For more information:
800-552-7724 | 410-767-6960 (Voice/TTY)
443-453-5970 (Video Phone) | MDRelay.org
2022 – 2023 Carroll County Bureau of Aging & Disabilities Resource Guide
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