HECM / reverse mortgage disclosure
*A full proposal and application will be provided if you decide to explore the required counseling and more detailed closing costs and loan programs. For the conventional option, closing costs are based on an average loan, and actual closing costs will vary. Please request a detailed loan estimate for further conventional loan details. The figures displayed herein are estimates and are for educational purposes only. Any potential benefits from a reverse mortgage loan are based on individual factors. Contact your C2 loan officer for more information regarding your specific situation. This is not an official mortgage loan offer or a commitment to lend. Estimates may not account for all possible fees and costs which may apply. Actual payment amount may be higher. Not all customers will qualify. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. C2 Financial is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. The youngest borrower must be at least 62 years old. Monthly reverse mortgage advances may affect eligibility for some other programs. Other restrictions and limitations may apply. C2 Financial Corporation NMLS#135622. 12230 El Camino Real #100, San Diego, CA 92130. 1-858-321-4900. All rights reserved. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender.
Return to reverse mortgage information