Much like the Traditional Reverse Mortgage Program for Residential Properties, the EquityLock Commercial - Fixed Income Mortgage Fund allows the owner of a commercial property to access cash based on the value of the subject property, but at higher Loan-to-Values than are commonly associated with the more well known residential reverse mortgages, allowing a greater return on the equitable portion of the commercial property, and with an ability to own the commercial property free and clear while still receiving a Fixed Monthly Income.
Unlike with a Residential Reverse Mortgage, upon selling the Commercial Property (or your passing), you or your beneficiary may choose to continue to receive the monthly income or to receive a single lump sum payment.
Common Uses of Proceeds:
Clients can be Individuals, Corporations, Limited Liability Companies, Trusts, and/or Partnerships
For Extra Personal or Business Income each Month
Covering Medical Expenses
Purchasing Long-Term Care Benefits
Helping to Financially support Family Members (e.g., grandchildren’s educations, etc.)
Paying off other Loans or Bills
Maintaining or Improving Quality of Life
Something Special – buying a car, boat or going on a trip
STEVE MUEHLER -
1055 West 7th Street
Los Angeles, California 90017
Phone: (310) 463-5122