WHY WOULD ONE WANT A REVERSE MORTGAGE
- Pay off existing debts/mortgages – eliminating monthly payments
- Supplement their income
- Money available for unexpected expenses
- Supplement a retirement fund
- Money available for unexpected expenses
- Home renovations
BENEFITS OF A REVERSE MORTGAGE
A Home Equity Conversion Mortgage, otherwise known as a Reverse Mortgage, allows older homeowners the ability to access their equity in their home to have financial security during their retirement years. There is no monthly payment required on a Reverse Mortgage as long as borrower(s) live in the home. However, the borrower has the flexibility to make payments if they choose.
A Reverse Mortgage is custom designed based on an individuals situation so it is important to sit with an experienced professional to discuss the options and the terms of this type of loan.
My Mission:
Financial Freedom
My mission is to educate older homeowners, Financial Professionals, and the Real Estate Market on the benfits of a Reverse Mortgage and how it can be used as a retirement tool
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