SuperMoney
  America's Choice Reverse Mortgage

America's Choice Reverse Mortgage

in Reverse Mortgages from America's Choice Home Loans · NMLS ID #111842

Unaffiliated

America's Choice Reverse Mortgage

Unaffiliated

in Reverse Mortgages from America's Choice Home Loans · NMLS ID #111842

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend America's Choice Reverse Mortgage to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Loan Amount N/A
Margin Rate N/A
Origination Fee ($) N/A

America's Choice Reverse Mortgage Review

America's Choice Reverse Mortgage is offered by America's Choice Home Loans (NMLS #111842), a direct lender founded in 1998 and based in Houston, TX. America's Choice Reverse Mortgage is available in 3 states across the USA.

America's Choice Reverse Mortgage FAQ

What types of reverse mortgages does America's Choice Reverse Mortgage offer?

America's Choice Reverse Mortgage allows borrowers to apply for the following types of reverse mortgage.

Lump sum. The borrower can access the entire amount immediately. However, you will need to pay interest on the entire amount regardless of whether you spend it.

Monthly disbursement. With this option, you get a monthly allowance. This is a good option if you need an additional source of income to cover your living expenses. It can be used in combination with a line of credit for additional flexibility.

What fees does America's Choice Reverse Mortgage charge for a reverse mortgage?

America's Choice Reverse Mortgage may charge a loan origination fee.

What types of property can you use as security for a reverse mortgage with America's Choice Reverse Mortgage?

Lenders often have restrictions on the type of properties they will accept as security for a reverse mortgage. America's Choice Reverse Mortgage will consider lines of credit secured by the following property types:

  • Primary home

 

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Other Services by America's Choice Home Loans

Availability

  Available in 3 states
  • Georgia
  • New Jersey
  • Texas

Feature Breakdown

Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Intended Use Primary Home
Minimum Age 62
Reverse Mortgage Options Standard
Reverse Mortgage Payment Options
  • Lump sum
  • Monthly disbursement

Be the first to rate

 

Would you recommend America's Choice Reverse Mortgage to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.