Disclosures

Educational & illustrative only

This presentation is for educational and illustrative purposes only and is not a loan approval, loan estimate, commitment to lend, financial plan, tax advice, or legal advice. Final eligibility, available proceeds, costs, interest rates, and terms depend on application, counseling, appraisal, age of the youngest borrower or eligible non-borrowing spouse, property value, liens, program guidelines, underwriting, and closing. The borrower is not obligated to complete a reverse mortgage transaction by viewing this presentation. Borrowers must continue to meet loan obligations, including occupying the property as their principal residence, paying property taxes, homeowners insurance, HOA dues if applicable, and maintaining the property.

Illustration note

Illustration only. Final numbers depend on application, appraisal, rates, program guidelines, counseling, underwriting, and closing.

Projections

Projected home values, equity, loan balances, and line-of-credit growth are assumptions and are not guaranteed.

Line-of-credit growth

Line-of-credit growth, when applicable, is based on program rules and the entered rate assumptions. Fixed-rate HECM lump-sum options do not have the same line-of-credit growth feature.

Client reviews

Client reviews are individual experiences and results may vary.

Equal Housing Opportunity

Mutual Clarity supports Equal Housing Opportunity. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class.

Not a lender

Mutual Clarity is a software tool used by licensed loan officers to prepare educational presentations. Mutual Clarity does not originate, underwrite, or make loans.