Secure the best reverse mortgage deals in Houston, Texas. Meet Angella Conrard, CRMP.
Angella Conrard, CRMP
Reverse Mortgage Advisor
NMLS #139966 | AZ: LO-1041735 | CA DRE #01422602
FL #LO82861 | WA #MLO139966
CO #100522498 | OR #139966
ID #MLO-2080139966 | TX #139966 | NM #2130474
Angella Conrard, CRMP, The Best Reverse Mortgage Service Provider for Houston, Texas
Angella Conrard, CRMP, is a reverse mortgage expert serving the Houston, Texas, community. For over 12 years, Angella has worked with senior homeowners to educate and guide them through the reverse mortgage loan process. As a Certified Reverse Mortgage Professional (CRMP), she holds the highest level of education and certification in her industry. Her passion for helping others achieve the lifestyle and health they desire has been her lifelong mission.
Angella represents C2 Financial Corporation, an award-winning BBB A+ rated company headquartered in Southern California. By working with C2, she has access to every possible reverse mortgage loan program available – there's no need to go anywhere else.
What is a Houston Reverse Mortgage?
Many homeowners in their later years don't realize they can utilize the lifetime of equity they built into their homes for the comfort of their retirement. A reverse mortgage allows them to tap into the equity trapped in their homes and monetize it. Once qualified, there are various ways to receive payment; lump sum, monthly payments, a line of credit, or any combination.
The loan becomes due when the next level event occurs, such as moving out, selling, or transitioning. The home can be sold to pay off the remaining mortgage, or the estate heirs may refinance it to pay the loan and keep the home.
Considered "non-recourse," the Houston reverse mortgage loan is never more than the home's value, and a standard loan is insured by the FHA (Federal Housing Administration). The money may be used for nearly anything, and the proceeds are tax-free. (Note: the homeowner must stay current with property taxes, insurance, and proper maintenance AND live in the home as their primary residence)
About Houston
Founded in 1836, Houston by the Allen Brothers, Texas is the fourth most populous city in the United States after New York, Los Angeles, and Chicago, with a population of 2,378,146 residents as of the 2020 census. In 1845 Houston became the 28th state in the Union.
Sitting at the convergence of the Buffalo Bayou and White Oak Bayou, Houston became a prominent railroad and shipping port for many industries. The primary sectors were oil, cattle, and shipping until the Texas Medical Center was founded in 1943. Today, the Port of Houston ranks first in the US for handling international waterborne and total cargo tonnage. Industries now include energy, manufacturing, aeronautics, transportation, and healthcare.
The median home price in Houston in 2022 was $313,000 – down 2.2% from the previous year, and the median household income was $53,600.
Culturally, Houston is home to various venues and activities, such as sports, arts, entertainment, history, and nature. It is also home to the Space Center Houston, the official visitor's center for NASA's Lyndon B. Johnson Space Center. The many sports teams include the Houston Astros (MLB), Houston Texans (NFL), Houston Rockets (NBA), and Houston Dynamo (MLS).
Houston is rich in history, culture, and diversity. If you are considering a reverse mortgage of your home in Houston, Texas, contact Angella Conrard first at 949-439-7030– she is the reverse mortgage expert you need!
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