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National
Mortgage Acceptance specializes in Reverse Mortgages.
A Reverse
Mortgage is a unique type of loan that makes it possible for
Seniors, 62 years or older, to convert a portion of their home
equity into cash. Proceeds can be in the form of a lump sum, a
line-of-credit, a monthly income or a combination. The owner
does not have to make monthly payments and any borrowed funds
are not repaid until the home is sold, vacated or upon death of
the last surviving borrower. Title to the property remains in
the name of the owner. The
Reverse Mortgage program enables seniors that may be "real
estate rich and cash poor" to unlock the financial potential
in their homes, and let their home equity work for them.
Additionally, the reverse mortgage has no income or credit
requirements to qualify.
We are
focused on providing not only a friendly experience but also an
accountable one. It seems all too commonplace that companies
offer service with a smile and then forget about
responsibility. At Western Pacific we have a firm philosophy of
taking ownership of our actions to ensure that a complete
approach to service is reached.
Our goal is
to educate and help Seniors with financial solutions so they can
live a better life during their retirement years.
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