Refinance Your Mortgage with Confidence
Let’s See if Reverse Mortgage Makes Sense for You
Do you need cash and you don’t qualify for cheaper sources of credit that would help you meet your financial needs?
You don’t want to sell your home or move in order to free up equity?
You plan on staying in your current home for the foreseeable future with no intention of selling.
You need to reduce your housing expenses and create long-term monthly income in order to pay bills?
Frequently Asked Questions about Reverse Mortgages
A reverse mortgage is specific type of home loan that allows you to trade equity in your home for cash now as a long term alternative to a home equity loan. The money is generally paid to you as a lump sum, as scheduled monthly payments, or through a line of credit.
A reverse mortgage will allow you use the equity you have worked for in your home to achieve greater financial freedom that you need today.
You can use the proceeds of the reverse mortgage for anything you choose, including paying off debts or unexpected life expenses.
Borrowers can either choose to enjoy the freedom of having no monthly payments with the understanding that, at loan maturity, proceeds from the sale of the home will be put towards repayment of the loan, or some borrowers choose to pay the interest on the loan each month in order to keep the balance from amortizing negatively.
Get The Loan That’s Right For You.
A traditional, fixed-rate mortgage is our most popular program for refinancing or a new home purchase
If you plan on staying in your home short-term or would like lower payments, an ARM loan program might be right for you
Prime Choice offers consistent and secure low rate Jumbo mortgage programs with the ability to borrow higher amounts
What Our Customers Are Saying
Carolyn D.Portland, OR
“This is the second time I've used Zack at PCF. The first time, was a refinance and he went above and beyond the call of duty to get things straightened out from a mess created by Wells Fargo. Zack and the team spent many hours on the phone with Wells Fargo which would have been a nightmare for me to have tackled.”
Tommy W.Apopka, FL
“I just purchased my home last year with a VA rate of 4.0%, I contacted Prime Choice and Zack. All through the process he kept me informed and updated on the process. Never was he pushy, but provided me with some great rates and cash-out. The process was smooth and very user friendly. I would recommend this team over my current banker any day. They get results, and mind you GREAT results.”
Dan A.Temecula, CA
“Great experience with no hassle. I was hesitant and nervous but my agent answered all my questions and explained them to me in simple terms. I got the lower rate and we are saving $$$$. What are you waiting for? Make the move to start saving!!!”