Meyer Closings, LLC has extensive experience closing reverse mortgages. Our firm assists home owners who use these unique loans to release the home equity in their property as a lump sum or in multiple payments. The homeowner’s obligation to repay the loan is then deferred until the owner has passed away, the home is sold or the owner moves. In a reverse mortgage, the homeowner makes no payments and all interest is added to the lien on the property. Reverse mortgages are available only to those individuals who are at least 62 years of age, own their home and occupy that home as their primary residence.
Our firm works closely with lenders who are qualified and well-versed in these loans to ensure a smooth and hassle-free closing. State-of-the-art technology allows our attorneys to close these loans in or out of the office with ease. We are also able to assist with a second or third reverse mortgage to cover any increase in value the home might gain after the initial reverse mortgage.
For more information, please contact our office at (404) 257-0330.
Benefits of a Reverse Mortgage: