When does a Reverse Mortgage Become Due for Payoff?

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*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

Angella Conrard

The services referred to herein are not available to persons outside Arizona, California, Colorado, Florida, Idaho, New Mexico, Oregon, Texas, or Washington.

C2 Financial Corporation Branch Address:12230 El Camino Real Suite 100 San Diego, CA 92130

Processing Address: 237 S. La Esperanza, San Clemente, CA 92672

This licensee is performing acts requiring a real estate and mortgage license. C2 Financial Corporation is licensed by the California Department of Real Estate, Broker # 01821025; Arizona Department of Financial Institutions, Broker # 919209; Colorado Division of Real Estate; Florida Office of Financial Regulations, OFR# MBR3519; Idaho Department of Finance, Broker license # MBL-9475; Oregon Division of Finance, DFR# ML-4917; Texas Department of Savings and Mortgage Lending, NMLS 135622; Washington Office Department of Financial Institutions, DFI# MB-135622; NMLS# 135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and the borrower must meet all conditions. The loan is only approved when the lender has issued approval in writing and is subject to the Lender’s conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the states of CA, AZ, CO, FL, ID, OR, NM, TX, and WA.

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