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Cash Account Advantage Plan

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For many seniors, our exclusive Cash Account Advantage jumbo reverse mortgage product may offer the best road to financial freedom. This reverse mortgage product is designed especially for senior homeowners with substantial home equity or higher-valued homes.

Recent improvements and additions to this proprietary reverse mortgage product make it even more attractive. So when you choose a Financial Freedom Cash Account Advantage reverse mortgage, there's more in it for you:

Higher lending limits,
More flexibility, with options that allow you to maximize your benefits depending upon your unique needs. In addition, the Cash Account Advantage Equity Choice also allows you to preserve a portion of your home's equity for yourself or your heirs
More ways to free up the equity in your home and get tax-free cash* for what you want or need.

* Consult Financial Advisor.

More cash

For Borrowers with higher home values, the Cash Account Advantage allows you to tap into more of your home's equity. This product provides a higher available loan amount with competitive interest rates offered to the borrower. This way, you may receive substantially more cash than is possible with other reverse mortgages.

More options

Cash Account Advantage allows the borrower to maximize the benefits depending upon their unique needs. Best of all, you can decide how you want to receive your reverse mortgage funds! It can be taken as a lump sum up front, placed into a line of credit, or a combination of the two. Your Financial Freedom Reverse Mortgage Specialist can explain all the details and help you determine which option is best for you.

Equity Choice Feature

Available for the Cash Account Advantage is the Equity Choice Feature, allowing borrowers to preserve a portion of their home's equity for themselves or their heirs. The amount of the loan or line of credit will then be based upon the percentage of the home pledged for the loan.Borrowers may choose to protect a minimum of 10% up to a maximum of 50% of their home equity. This permits greater flexibility assuring a percentage of equity remains to benefit the borrower or the borrower's heirs upon loan maturity.

Read more about Cash Account Advantage Plan at Financial Freedom Product FAQs

Read our Frequently Asked Questions (FAQs) about reverse mortgages in general.