Cash In Your Equity!
Take cash out of your home! Use your equity for just about anything!
- Improve your home
- Pay for college
- Get a new car
- Take a special vacation
- Consolidate your debts
- Lower your monthly payments
- Invest in a vacation or rental home
- Start your own business
- Get that special "something" you've always wanted
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Our friendly financing experts are waiting to help you. In addition to our standard loan programs, we may be able to customize a solution and get your loan approved even if you've been turned down before.
Put your equity to work for you.
Reverse Mortgage
Seniors, a Reverse Mortgage may be right for you. Empire is a HUD approved Lender for reverse mortgages. Go to the Reverse Mortgage section of this website. Click the "HOME" button at the top right of this page.
A Reverse Mortgage is a loan that allows seniors (62 years and older) to use the equity they've accumulated in their homes over the years to improve their quality of life, and knock down the financial barriers to independent living.
There is no income qualification. The size of the reverse mortgage granted depends upon the applicants age, the type of reverse mortgage sought, the home's value, and interest rates. No monthly payments are required. The loan matures when the borrower no longer occupies the home as a primary residence. This typically occurs upon the sale of the home, or if the owner premanently moves or passes away.
Instead of making payments you receive payments.
Social Security benefits and Medicare are generally not affected by a reverse mortgage.
You will never have to move from your home.
You or your heirs may repay the loan and keep the house or sell the house and repay the loan.
Closing cost and fees incurred can be financed as part of the loan.
California Office Locations:
Nevada City, California 530.470.0777
Grass Valley, California 530.274.0916
Auburn, California 530.885.3344
Lake of the Pines, California 530.268.6200
Roseville, California 916.783.1100
Sacramento, California 916.863.3858
California Department of Real Estate - California Mortgage Broker License #01213224
Apply online today!
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