JTS & Co. offers reverse mortgage loans to customers throughout Mississippi and Alabama.  We are located in Columbus, MS.  Contact us today for a free consultation.

What is a Reverse Mortgage Loan?

A reverse mortgage loan or home equity conversion mortgage(HECM) is a type of home loan for homeowners that are 62 and over. A HECM Reverse Mortgage Loan allows the homeowner to access existing equity in their home to provide a lump sum pay out, and/or monthly equity distribution, or even perhaps a credit line to be accessed in subsequent years. The proceeds from a reverse mortgage can be used however the homeowner chooses to do so.

  • Proceeds from the Reverse Mortgage Loan can be used to refinance debt or settle unexpected expenses.

  • The Reverse Mortgage Loan must pay off any existing mortgages or liens at closing.

  • Funds may improve monthly cash flow.

  • Requires no monthly mortgage payments, however Borrowers are still responsible for property taxes, homeowners insurance and maintenance costs.

A Reverse Mortgage Loan may be a good option for you. If so, give us a call or contact us to set up a personal proposal based on your specific criteria.

We can't wait to talk with you!

Call us! 662-329-9090

NMLS #55275
"A Mississippi Licensed Mortgage Company" 
"An Alabama Licensed Mortgage Company" 
"These materials are not from HUD or FHA and were not approved by HUD or a Government Agency"

4158 Hwy 45 North

Columbus, MS 39705

Phone: 662-329-9090

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