A HECM reverse mortgage lets homeowners 62+ gift a down payment to their children, no tax hit, no monthly payment. Here’s why more families are choosing to give now.
The reverse mortgage principal limit is the percentage of home value a HECM or proprietary loan will lend. All it takes to ballpark it: age and home value.
This licensee is performing acts for which a real estate license, mortgage broker license, mortgage lender license, and mortgage company license is required. C2 Financial Corporation is licensed by the Colorado Division of Real Estate, NMLS# 135622; Michigan Department of Insurance and Financial Services, DIFS# FL0023565, SR0023566; Washington Office Department of Financial Institutions, DFI# MB135622;
Texas Department of Savings and Mortgage Lending 135622; NMLS# 135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender 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 CO, WA, MI, TX, FL.
As a broker, C2 Financial Corporation is NOT individually approved by the FHA or HUD, but C2 Financial Corporation is allowed to originate FHA loans based on their relationships with FHA approved lenders
TEXAS RESIDENTS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSED IN TEXAS SHOULD SEND A COMPLETED COMPLAINT FORM TO THE DEPARTMENT OF SAVINGS AND MORTGAGE LENDING (SML): 2601 N. LAMAR BLVD., SUITE 201, AUSTIN, TEXAS 78705; TEL: 1-877-276-5550. INFORMATION AND FORMS ARE AVAILABLE ON SML'S WEBSITE: SML.TEXAS.GOV.
Operating in Washington, Colorado, Texas, Florida, and Michigan. Corporate headquarters: 12230 El Camino Real Suite #100, San Diego, CA 92130 . C2 Financial Corporate Website: www.c2financialcorp.com
