Reverse Mortgage

I’m 55 or older and want to access the equity in my home and improve my cash-flow.

Wouldn’t it be nice if you had the money to do more of the things you want to do?  A reverse mortgage could be just what you need.  It’s a simple and sensible way to unlock the value in your home and turn it into cash to help you enjoy your life on your terms.  

Topics we’ll discuss include:

  • You can choose how you want to receive your money:  you can take a lump sum advance, or choose to receive monthly advances or choose a combination of the two.

  • You receive the money tax-free.

  • You can use the money any way you wish.

  • No regular mortgage payments are required while you or your spouse live in your home. 

  • You maintain ownership and control of your home.

  • You keep all the remaining equity in your home.

  • Will I ever owe more than the home is worth?

  • Will the bank own my home?

  • What if I have an existing mortgage?

  • What fees are associated with a reverse mortgage?

What do I qualify for on a reverse mortgage?