Reverse Purchase

Did you know that there is a way that seniors can purchase a brand new home, with as little as 50% down, and no mortgage payments?  Its True! A Reverse Purchase works much the same way a Reverse Mortgage does, except you are using this FHA tool to leverage your future equity to put less than a home's price down on a home. This program is PERFECT for:

  • Retirees
  • Snowbirds who plan on declaring the home their primary residence
  • Downsizing (Who needs all that room)
  • Upsizing (Finally, the home of our DREAMS!)
  • Rightsizing (What a perfect fit! And no mortgage payments?)

50% Down? No Mortgage Payments? For Real?

Yes, for real! Keep more of your money in the bank and see if a Reverse Purchase makes sense for you. That peeeeerfect retirement home of your dreams just slightly beyond your comfortable grasp? This might be for you. Up North, freezing your buns off every winter, dreaming of sunny Florida and the good life? Maybe we should talk about it. Or maybe, retirement came a little early, for whatever reason. No reason you can't see if a Reverse Purchase is the right thing for you. Life is too short, let us see if we can help make your retirement dreams a reality!

Now, you are probably saying to yourself, "this sounds too good to be true". Well, Foxx & Associates Mortgage is here to tell you it is not! Like any signifigant investment, Reverse Purchase might not be for everyone, but it might just be for you. Even though there isn't a mortgage payment, you are still responsible for taxes, insurance, and maintenance of the property. Naturally, there are costs involved. That is why Foxx and Associate's team of licensed Reverse Mortgage experts is offering FREE consultations by what ever means preferred. We have always offered in-home consultations statewide, but in light of recent events, we take pride in the fact we have expanded our services via Zoom, Skype, FaceTime, GoogleMeet, Android, or just a good old fashioned telephone call to go over your unique situation. 

You are probably wondering, what do I do next? Easy! Reach out to us by emailing us at info@foxxmortgage.com OR you can click on this page for a Quick Quote OR you can give us a ring at 727-388-5235 for a quick chat and we can arrange to send you our FREE information guide to Reverse Purchase Mortgages, with no obligation to you.