Legal, Financial & Professional Services
Reverse Mortgage Professional at American Advisors Group
John Ruybalid, Reverse Mortgage Professional
NMLS#201470
www.nmreversemortgage.com
505-690-1029
jruybalid231@gmail.com
231A County Road 84,
Santa Fe, NM 87506
My goal is to help homeowners, 62 or older, improve the quality of their lives with a reverse mortgage. The programs that I offer are federally insured Home Equity Conversion Mortgages. Some uses of reverse mortgages include paying off an existing mortgage to improve cash-flow, creating a funding source for in-home care or simply establishing a line-of-credit for future needs, thus creating peace of mind. The number one misconception is that the lender automatically get the house when the borrower(s) die. This is not true. The heirs can sell the house, pay-off the loan and keep the remainder, or they can refinance the house and keep it. If it is upside-down, the Mortgage Insurance Fund through FHA pays any deficiency. I am always happy to prepare a free, no-obligation proposal.
Best way to reach me: phone or email