Fidelis Mortgage is a Virginia reverse mortgage company that offers reverse mortgages to seniors throughout the state of Virginia. Fidelis Mortgage is the number one resource for reverse mortgages in Virginia. So, what is a reverse mortgage? It is an FHA insured mortgage loan program that allows homeowners that are 62 years of age and older to use the home equity that their home has built over the years, and still maintain ownership of their home. This means you can access a portion of your homes' equity without creating monthly debt.
For this program, there are limited income and credit requirements. You need to live in your home, pay the property taxes and insurance, and maintain the property. The money you get from your reverse mortgage is tax free, because the money is considered a loan, instead of income (consult with your tax professional). So why let your home equity sit, when you can put it to good use for living expenses, home improvements, a vacation, gifts for family members, and more.
If you're interested in a Virginia reverse mortgage, Fidelis Mortgage is the right company to help you learn more and show you how you can benefit from this program. Just contact us, and we will guide you through the whole reverse mortgage process, and help you make an informed decision.
Fidelis Mortgage assists senior homeowners throughout the state of Virginia. While we work in all counties and cities in Virginia, we generally focus on Northern Virginia. So whether you live in Fairfax, Arlington, Loudoun, Prince William, Richmond, please contact us to find out more!
Fidelis Mortgage
NMLS #190121
4300-A Ridge Road
Baltimore, Maryland 21236
Local: 410-668-6501
Toll Free: 866-750-8762
Email: info@reverse-mortgage-virginia.com
Licensed by the Virginia State Corporation Commission, MC - 5294