More About Ernie Castro - Open Mortgage - Reverse Loans
I'm a Loan Officer with Open Mortgage. Better is possible. It's our core belief, and it's also our benchmark. At Open Mortgage, we strive to bring you a better mortgage experience for all your life's big moments. We're committed to providing you unparalleled support, transparent communication, and a partnership built on trust.
LICENSED IN:
FLORIDA | MARYLAND | VIRGINIA | WASHINGTON DC | WEST VIRGINIA
NMLS # 506548
HECM for Retirement Program
Enjoy your retirement on your terms.
Stability and success are important at every stage in your life. For those exploring reverse mortgages, we understand that your family and your security are paramount. We provide quality customer care you can trust. We’ll guide and educate you through the process to make it manageable, with transparent communication and a commitment to make sure your needs are taken care of before, during and after the loan. We’re dedicated to helping you achieve your financial goals.
Benefits
The Home Equity Conversion Mortgage (HECM for short) has rapidly become part of the financial planning world. No longer considered a loan of last resort, the new and improved HECM could help those who may not necessarily need cash now, but wish to secure the longevity of their savings. And considering that your home may be your largest asset, you owe it to yourself to learn more about the HECM.
HECM for Purchase Program
Enjoy your retirement on your terms.
Would you like to move to a house with modern amenities? Maybe you’d like to move closer to your children and grandchildren. Is your home too large now that the nest is empty? Whatever the reason, you might be wishing for a new home but didn’t think you could buy one.
In the past, your options were limited, but now there may be a way for you to achieve your dream of a new home: the Home Equity Conversion Mortgage for Purchase (H4P for short). The H4P lets seniors aged 62 and older purchase a home with approximately 50% down, helping you retain more of your financial nest egg.
Regions Served
Ernie Castro - Open Mortgage - Reverse Loans Specialties
As life expectancies continue to increase, many retirees are realizing that access to home equity is the best way to fund senior lifestyle expenses. Formally launched as the Home...