• New Reverse Mortgage Lending Limit Of $625,000. • You Can Eliminate Your Mortgage Payments Forever! • No Income Or Credit Requirements For A Reverse Mortgage. • Your Social Security And Medicare Will Not Be Affected. • You Still Own Your Home And It Can Be Passed To Your Children. • You Can Finance Your Long Term Care & Home Repairs. • The Cash You Receive Is Tax Free. • Receive Extra Money For Medications. | A reverse mortgage from American Street Mortgage Company enables older homeowners (62+) to convert part of the equity in their homes into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. Instead of making monthly payments to your lender, as with a regular mortgage, your lender makes payments to you.
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