Reverse mortgage helps seniors purchase new home without monthly payments

Reverse mortgage for home purchase New business-building opportunity for you Paul Wirth, CMB Branch Manager Power of Now May 2011

[object Object],[object Object],Trusted leadership you can count on – meeting the needs of senior homeowners

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[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What is a reverse mortgage?

[object Object],[object Object],[object Object],Reverse mortgage for purchase What is the Home Equity Conversion Mortgage (HECM) for purchase?

[object Object],[object Object],[object Object],Reverse mortgage for purchase How can it help build your business?

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reverse mortgage for purchase How can it help senior homebuyers?

[object Object],[object Object],[object Object],[object Object],[object Object],Reverse mortgage for purchase How does the program work?

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reverse mortgage for purchase How does the program work?

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Reverse mortgage for purchase How does the program work?

Examples Based on a fixed interest rate program at 5.06% as of May 25, 2011.

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Frequently asked questions

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[object Object],[object Object],[object Object],[object Object],[object Object],Essential facts

[object Object],[object Object],An industry leader

Together, we can make this new business-building opportunity yours! Contact Information Borrowers must be age 62 or older. Consult a tax advisor. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. Family members are also strongly encouraged to participate in these informative sessions. Call for more detailed program information. Loan proceeds are not considered income and will not affect Social Security or Medicare benefits. Monthly reverse mortgage advances may affect borrower eligibility for other programs. Consult either a local program office or an attorney to determine how, or if, monthly reverse mortgage payments might affect a specific situation. This information is for real estate and building professionals only and is not intended for consumer distribution. Information is accurate as of the date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2009 Wells Fargo Bank, N.A. All rights reserved 104852 Paul Wirth, CMB Branch Manager (949) 933-7705 [email_address] www.iReverseLoans.com

Reverse mortgage helps seniors purchase new home without monthly payments

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Reverse mortgage helps seniors purchase new home without monthly payments