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Sun National Bank

 

Reverse Mortgages


The solution
is right at home


A tool for helping older homeowners who wish to continue living at home.

 

REVERSE MORTGAGE FACTS:

  • No monthly payments required as long as the borrower lives in the home.
  • Homeowners 62 and older are eligible
  • No income or credit qualifications apply
  • Borrower retains full ownership of the home
  • Social Security and Medicare benefits are generally not affected - consult government agencies
  • The loan can be paid off early without penalty
  • All remaining equity after repayment belongs to the borrower or his/her heirs
  • Repayment can never be more than the sale proceeds of the home

 

Contact Sun Home Loans today, 1.800.SUN.1677!

 

Sun Home Loans, Inc. is a wholly-owned subsidiary of Sun National Bank.  Preapproval is not a commitment to lend.  Additional information may be required for formal loan approval.

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