Monticello Reverse Mortgage

Helping Seniors Achieve Financial Peace of Mind

Helping Seniors Achieve Financial Peace of Mind
Call 1-833-REVERSE

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About

Reverse Mortgage LoanWhat is a Reverse Mortgage?
The simple way to describe a reverse mortgage is that it is a loan provided to a senior homeowner—62 years of age or older—that uses a portion of their home’s equity as collateral. Generally, the loan does not have to be repaid until the last surviving homeowner passes away or leaves the home. At that time, the estate may repay the balance of the reverse mortgage within a specified period, or sell the home to pay off the balance.

How Do I Qualify?
The Federal Housing Administration (FHA) requires that at least one homeowner be at least age 62. If there is a mortgage balance, it can be paid off completely with the proceeds of the reverse mortgage loan at the closing. Contact us to find out more information on how to qualify.

Payment Options
There are several ways to receive the proceeds from a Reverse Mortgage to meet your financial needs, including a lump sum or monthly payments to you.. See more about payment options…

Check out our FAQ page for more information and answers to specific questions about a Reverse Mortgage.

Is a Reverse Mortgage
Right For You?
Call 1-833-REVERSE

John O'Connor Reverse MortgagesJohn O’Connor (also known as "The Reverse Mortgage Doctor") has been helping seniors get Reverse Mortgages for more than 15 years. Monticello Reverse Mortgage, LLC is a local Virginia company. We specialize only in Reverse Mortgages so you can be assured of our expertise and knowledge. Because we are based here in Central Virginia, we work with you personally from start to finish of the entire Reverse Mortgage process. Contact John for a free, confidential, no-pressure consultation.
He even makes house calls.
Watch a video about reverse mortgage.

Monticello Reverse Mortgage, LLC

29 Stoneridge Drive, #207
Waynesboro, Virginia 22980
Virginia State Corporation Commission MC-2457

JOHN O’CONNOR
joconnor@MonticelloReverseMortgage.com
434-249-2222 or Toll-Free: 1-833-REVERSE
NMLSID\1533874 MLO\8039VA
nmlsconsumeraccess.org

Copyright Monticello Reverse Mortgage, LLC. Providing Reverse Mortgages in Charlottesville, Waynesboro, Crozet, Staunton, Stuarts Draft and throughout Virginia.
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