If you are a 55+** homeowner, reverse mortgages for retirement may be able to free up your monthly cash flow. Get access to your home equity and stay in the house you love* or use those funds to purchase a new one.
- Use proceeds to pay off existing forward mortgage.
- Make home renovations, pay off other debt†, fund in-home care, or travel the world.
- Get tax-free†† proceeds with no monthly mortgage payments required*.
- Rest easy knowing your heirs are never personally responsible for the loan.
- Provide a living inheritance and help pay for children’s homes or grandkids college tuition.
- Reverse Mortgages for Retirement, an article by Kiplinger.
If you’ve been turned down in the past, you may be eligible now. Please feel free to contact us to see if a Reverse Mortgage is right for you.
* Please view the adjacent document for additional information. ** Please view the adjacent document for additional information. † Please view the adjacent document for additional information. †† Please view the adjacent document for additional information.