Herndon Reverse Mortgages - Potomac Mortgage Capital Inc Offers Great Rates on Reverse Home Mortgages in Herndon

Potomac Mortgage Capital Inc Specializing in Herndon Reverse Mortgages, Herndon Reverse Home Loans

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Reverse Mortgages

A reverse mortgage is a unique 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 has earned its name 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. The money from a reverse mortgage can be used for anything from daily living expenses to home repairs and home modifications.

Reverse Mortgage Qualifications

To qualify for a reverse mortgage you must be at least 62 and own your own home. There are no income or medical requirements to qualify. You may be eligible for a reverse mortgage even if you still owe money on a first or second mortgage. In fact, many seniors get a reverse mortgage to pay off a first mortgage.

Loan Programs:	Loan Products:
Refinance Purchase First Time Buyers Second Mortgages Debt Consolidation Construction Loans Zero Down Loans FHA & VA Loans	100% Financing Full Doc and Stated Income Fixed Rate Mortgages Adjustable Rate Mortgages Types of Standard ARMs Introductory Rate ARMs Reverse Mortgages Balloon Mortgages

Mortgage Broker Marketing by Superior Internet Solutions
This is not an offer to extend credit. All prospective borrowers must
qualify. Potomac Mortgage Capital, Inc. Licensed mortgage broker
Virginia State Corporation Commission MB-2151, Maryland DLLR 06-9189,
District of Columbia DISB MLB 4798, North Carolina Commissioner of Banks
L-126997, Florida Dept. of Financial Services, 347307, California Dept.
of Corporations 603-9451. Pennsylvania Department of Banks 15871.001 and 15872.001. Loans may be funded by 3rd Party Lenders.
Advertised rates may change or not be available at time of lock-in or
commitment. Refinance of your current loan may result in higher total
finance charges over the life of the loan.