EquityLock Commercial
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:
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Clients can be Individuals, Corporations, Limited Liability Companies, Trusts, and/or Partnerships
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For Extra Personal or Business Income each Month
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Covering Medical Expenses
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Purchasing Long-Term Care Benefits
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Establishing Trusts
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Helping to Financially support Family Members (e.g., grandchildren’s educations, etc.)
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Paying off other Loans or Bills
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Maintaining or Improving Quality of Life
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Something Special – buying a car, boat or going on a trip
STEVE MUEHLER -
EQUITYLOCK COMMERCIAL
1055 West 7th Street
Los Angeles, California 90017
Phone: (310) 463-5122