[b][SANDY, 02/12/2016][/b] ─ Altius Mortgage Group, a team of reputable mortgage lenders and brokers, offers seniors an opportunity to take advantage of their home equity. The company provides a reverse mortgage finance option which allows seniors to borrow against their home equity.

The Home Equity Conversion Mortgage program will allow seniors to live the retirement of their dreams with financial security. As part of the company’s goal to provide the best financing solution for different client situations, their reverse mortgage program comes with many benefits.

[b]The Benefits Of A Reverse Mortgage[/b]

The reverse mortgage program is ideal for seniors. It could provide them the social security that they need after they retire. Through the reverse mortgage, seniors will have the chance to live a retirement that they want.

Acquiring a reverse mortgage will no longer require seniors to repay the loan, since the value of ownership itself secures the loan. Clients may also choose to receive monthly payments, a line of credit, or a lump sum. With these flexible terms, any senior could have the retirement that they want.

In addition to these benefits, seniors who take out the reverse mortgage will be able to stay in their home and maintain the title. Loan proceeds are also tax free and seniors’ heirs may inherit any remaining equity after paying off the Home Equity Conversion Mortgage program.

[b]Who is Eligible for the Reverse Mortgage?[/b]

Those who qualify for the program are homeowners over 62 years old who have sufficient equity in their homes. Homes may be single family homes, two or four-unit owner-occupied homes, townhouses, or approved condominiums or manufactured homes.

With Altius Mortgage Group’s easy-to-use and customized online application process, seniors can pre-qualify for a reverse mortgage for Utah mortgages. The company also provides a chat support service to know more about available funds, payment options and interest rates and costs.

[b]About Altius Mortgage Group[/b]

Altius Mortgage Group is a reputable and reliable financial institution providing the best financing options to Utah residents. The company includes a team of professional brokers and lenders who are dedicated to providing financial help and advice to clients with different situations and needs. The company has also created a comprehensive and customized loan application process that is easy to grasp.

For more information regarding their full range of financing options, interested clients may visit their website at https://altiusmortgage.com.