Reverse Mortgages

                         REVERSE MORTGAGES

Sterling Empire Funding is a New York City based lender with representatives

throughout the tri-state area who can visit you in your home to discuss

a reserve mortgage with you and your family. 

How Will I Know if a Reverse Mortgage is Right for Me?

If you are a homeowner 62 or older, all you need to do is ask yourself two simple questions:

1. Do I want to stay in my home for the foreseeable future?

2. If I had access to additional money, would I be able to improve my lifestyle

and provide myself with some peace of mind?

If you can answer yes to both of these questions, then a reverse mortgage might be a good thing for you to consider.

Why Now?

The surging popularity of reverse mortgages can be attributed to several factors including greater awareness of , and comfort with, this mortgage product; increasingly tighter budgets of America's seniors; and the ever spiraling cost of health care. 

Paying for health care has become a critical issue for older citizens and their children.  As costs continue to rise for prescription drugs, in-home care, and physical rehabilitation, seniors are having to shoulder a large share of the financial burden or turn to their children for help.  Then there is the concern of seniors depleting their life savings and then seeing one spouse go into a nursing home and leave the other behind, struggling to keep up the home and avoid impoverishment.

It's Your Decision

This is not going to be an over-night decision for you to make.  You will need to assess

all of your financial needs for the upcoming years.   However, a Sterling representative will work along with your family, attorney, accountant and financial planner to ensure that you have all the correct information to come to a final determination that is best for you.

Please call us at 800-747-6555.