1. You will retain the title and ownership of your home during the life of the loan, and you can sell your home at any time (at which time the loan becomes due and payable.) The loan will not become due and subject to repayment as long as you continue to meet loan obligations such as: living in the home as your primary residence, maintaining the home according to the Federal Housing Administration (FHA) requirements, and paying property taxes and homeowners insurance. Failing to meet these requirements can trigger a loan default that may result in foreclosure.

2. FHA mortgage insurance premiums (MIP) may accrue on your loan balance. You may be charged an initial MIP at closing. The initial MIP is currently 2% of the home appraised value not to exceed the maximum, but may be less or even 0% for refinances. Over the life of the loan, you may be charged an annual MIP that currently equals .5% of the outstanding mortgage balance.

3. Consult your financial advisor and appropriate government agencies for any effect on taxes or government benefits.

NMLS #1794790 (www.nmlsconsumeraccess.org) Retirement Financing Solutions Inc is headquartered at 6130 Montelena Circle, #1102, Naples, FL 34119. Retirement Financing Solutions Inc is a mortgage broker and offers loans in Florida, California, and Georgia.