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Maximize Legacy Asset Transfer |
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 A reverse mortgage can provide the senior the comfort of having more control over their estate and ensuring they leave more assets for their heirs.
While a home may hold a great deal of emotional value for a family, the reality is that in most cases, the property is sold after the owner’s death, and the assets are liquidated. The heirs are often forced to sell the property in a volatile real estate market not long after death with no guarantee of market or value stability.
After the sale, which may drag on due to market conditions, heirs may be faced with inheritance and/or capital gain taxes on the proceeds. The net proceeds are often far less than the actual or perceived value of the home.
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Gateway Funding Diversified Mortgage Services L.P. NMLS #1071 d/b/a Arlington Capital Mortgage is licensed by the PA Dept of Banking; Licensed by the Dept of Corporations under the CA Residential Mortgage Lending Act; Licensed by the CT Department of Banking; Licensed by the Delaware Office of the State Bank Commissioner; Correspondent Mortgage Lender License in FL (CL0701952) GA Residential Mortgage Licensee (#15499); Licensed Mortgage Lender in MD (5769); Licensed by the NJ Dept of Banking & Insurance; Licensed Mortgage Lender NC (ML-3443); Gateway Funding d/b/a Arlington Capital Mortgage is exempt as a mortgage banker in TX. This is not an offer to extend credit to any individual who may be entitled to a more complete disclosure per RESPA, TILA, HOEPA or any other more applicable federal, state or local law or regulation, Rates, Terms, Fees and Equity requirements are subject to change without notice. Products and programs are subject to change without notice.