American Loans Features Reverse Mortgage Loans for Low-Income Seniors


Posted August 30, 2016 by Kiera_Bull

American Loans provides diverse loan programs that are suitable for their clientele’s various lifestyles and needs. Low-income seniors can improve their retirement with the company’s reverse mortgage loan option.

 
[b][Utah, 08/30/2016][/b] – Trust American Loans to get clients the best deals when it comes to loan programs best suited to their needs. Clients will look no further because the company offers unparalleled services that have gained them an A+ rating from the Better Business Bureau.

Their diverse loan programs include home purchases, jumbo loans, investment property loans, construction and remodeling loans, conventional loans, commercial loans, and the new reverse mortgage.

[b]Reverse Mortgages[/b]

Many low-income seniors have gone for reverse mortgages to improve their retirement. For this loan program, there are no income or credit requirements and there is no monthly payment necessary, but the lender pays the clients.

Some of the benefits that this program provides include receiving monthly payments or lump sum, elimination of mortgage payments, and the increase of their monthly income, tax-free.

Only one of the applicants has to be 62 years old and older to be eligible. Other qualifications include condominiums and single detached homes approved by the US Department of Housing and Urban Development (HUD)

[b]Saving Thousands with American Loans[/b]

Highly qualified and experienced loan officers from American Loans puts their customers’ needs first. Connected to a large network of lenders, they shop for the best loan programs equipped with the greatest deals. The company takes pride in offering programs that other mortgage companies do not.

For those with bad credit scores, the company helps them assess their ranking, as well as raise their scores. American Loans’ loan process is fast as it is efficient, making it easier for clients to get their loans.

[b]About American Loans[/b]

For lower rates and costs, American Loans is one of the go-to mortgage providers in Utah. For more than two decades, they have been providing comprehensive communication to guide their clients through the loan process, and they have one of the lowest mortgage rates in the state. The company is an A+-rated member of the Better Business Bureau. This ensures clients that they will stop at nothing to get them a loan program best suited to their situation.

For more information on this loan option and the others that the company offers, interested clients may refer to http://www.americashousingalliance.com/.
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Issued By Kiera Bull
Country United States
Categories Business
Tags loan process , mortgage loans , mortgage providers
Last Updated August 30, 2016