New Reverse Mortgages
Now Available!


Justice FCU has partnered with Credit Union Mortgage Association (CUMA) to bring members who are homeowners age 62 and older a unique opportunity – the reverse mortgage.

Once considered a last resort for homeowners struggling to make ends meet, a reverse mortgage no longer carries such a stigma. In fact, it can be considered a component of a well-balanced retirement plan, with your home's equity converted to cash or a line of credit.

Funds are provided tax-free* and can be used for any purpose – from meeting day-to- day financial obligations to funding a grandchild's college education to traveling the world. Best of all, you retain title to and continue to live in your home. Repayment of the loan is due only when you no longer occupy the residence, and there's no risk of being "upside down" in your loan or having your heirs lose their rights to the property.
A reverse mortgage is a decision best made with a trusted advisor or family member involved, and as such, CUMA Advisors will meet with you in person – no matter where you live – to discuss the loan options available to you. Advisors are available in all 50 states, and a Justice FCU mortgage representative will be happy to arrange a personal meeting for you to learn more.

Call us today at 800.550.5328, extensions 3114, 3120, and 3121. Or, email us at mortgagee-support@jfcu.org for more information.

  *  Since the income from a reverse mortgage is considered return of equity, it is generally free of federal income tax. Consult your tax advisor for information in your specific situation. Justice FCU does not give tax advice.
Important Notice for All ATM Cardholders

Please note the following expiration dates for unused ATM cards.

If you have not used your ATM card since: It will expire on:

November 30, 2007 June 2, 2008

December 31, 2007 July 1, 2008

January 31, 2008 August 1, 2008

February 29, 2008 September 2, 2008

To avoid having your card expire, you must conduct a transaction with the card prior to the expiration date listed above.
 

Powered by Priority Publications