Savannah Directory FLIPBOOK

Mortgage Solutions
The Mortgage Originators at Homeowners Mortgage, a subsidiary of
CoastalStates Bank, work with you to offer local solutions to meet virtually
any local mortgage need. Call us soon. Like you, we’re local. And proud of it.
“I was struggling with my existing mortgage payment and was faced
with having to live with one of my children. Now, I feel a sense of relief
having done the “reverse” and am working toward a healthy future
because of the security it will give me. I am sincerely grateful for the
Homeowners Reverse Mortgage team and their patience.”
532 Stephenson Avenue, Suite 101, Savannah, GA 31405
912.662.7553 • 912.662.7547
www.coastalstatesbank.com
*All loans made by Homeowners Mortgage
Enterprises, Inc., NMLS ID #154698.
www.homeownersmtg.com
Did You Know That Nearly Ten Thousand
Baby-Boomers Retire Daily?
A way to help reach financial stability could be to access a portion of the equity you have built
into your home through a Reverse Mortgage loan.
Requirements include:
• Reverse Mortgage loan must be on a primary residence (not a vacation or rental property)
• Homeowners must be at least 62
• Credit and verification of Income will be part of the application process review
• Any outstanding debt against the property must be paid off with proceeds from
the Reverse Mortgage loan
A Reverse Mortgage loan has no repayment schedule so there are no monthly payments
to make.
Before an application will be taken, homeowners are required to contact a HUD-Approved
Counseling Agency. This appointment may be in person or by phone.
Many loan options are available, so please contact or visit your local Reverse Mortgage
Specialist.
Information provided by: CoastalStates Bank - Homeowners Mortgage Enterprises
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