Homeowners age 62 & older can convert their home equity to cash & be better prepared for the future.
- No monthly mortgage payments (Borrower must continue to pay property taxes, homeowner’s insurance, and home maintenance costs.)
- Purchase a home with lower cash investments than a cash purchase.
- Pay off existing mortgage or other debts.
- Increase monthly cash flow or have a standby line of credit.
- Repair or remodel your home.
- Delay Social Security or Pension payouts.
- Cover health care expenses and prescription costs .
- Help with a divorce settlement.
- Helps insulate you from inflation.
- Maintains a standby reserve to give you options during market volatility.
- Help pay for taxes and or insurance.
Contact me to find out how you can use a Reverse Mortgage Loan instead of pulling from your stocks and retirement savings.
YOU MAY QUALIFY FOR
$
0.00
PAYOUT OPTION | AT CLOSING | TOTAL |
---|---|---|
LUMP SUM AT FIXED RATE | – | – |
LUMP SUM AT VARIABLE RATE | – | – |
LINE OF CREDIT | – | – |
Based on your home value, you may want to speak with us about a jumbo loan.
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