Living Your Best Life with a Reverse Mortgage
Senior Citizen homeowners are able to live financially happier and more relaxed when they consider getting a reverse mortgage. Learn more about qualifying and what you need to know…
The 15-Minute Retirement Plan
As senior citizens live longer and will need to afford aging, here are 7 scenarios of managing your savings in retirement.
Retirees, Make the Most of Your Home Equity Loan
When retirees have equity in their home and it is mostly paid off, here are 11 choices of financial options to consider
Best home modifications for aging in place and how to finance them
As we age in place and want to stay in our home, it will be necessary to do some modifications to the home like wider doorways. Here are some popular upgrades to your home for you to stay at home
- Advanced | Mortgage Debt Elimination | Real Estate News | Retirement Income | Reverse Mortgage Facts
9 Retirement Planning Mistakes to Avoid
Here are some reminders of common investment mistakes retirees make.
Affording Health Care in Retirement
Survey: 64% of Americans were expected to retire broke. Survey: Only 38.1% were saving specifically for the cost of health care in retirement. Average retiree is thought to spend $4,300 on health care each year, although specific conditions and treatments can certainly affect this amount. Only 20.9% of people earning less than $50,000 said they believed they would have sufficient savings for retirement. Nearly 23% planned to use a health savings account (HSA) – or tax-advantaged account – a relatively more effective option than a personal savings account.
Buying a House With a Reverse Mortgage
For there to be equity to cover the accrued interest, the HECM for Purchase requires that you pay about half the home’s sales price with your own cash.
- Advanced | Annuity Type Monthly Income | Home Financing | Real Estate Market Trends | Retirement Income | Reverse Mortgage Facts
Incorporating Home Equity into a Retirement Income Strategies
Seven total retirement income strategies will be considered, six of which involve spending from a HECM(Reverse Mortgage)
Everything You Need to Know About Reverse Mortgages
Money Magazine’s discussion of the Pros & Cons of reverse mortgages… know completely what you give up when getting the reward of this senior loan for homeowners.
Secure Retirement – MANAGING POST-RETIREMENT RISKS
Retired individuals with outstanding mortgages can effectively improve their monthly cash flow by replacing their conventional mortgage with a reverse mortgage, using the lump sum proceeds of the reverse mortgage to pay off the conventional mortgage. Retirement risks discussed…
THE JOURNAL OF RETIREMENT
Imagine a retirement projection with an initial portfolio amount, home, and mortgage. Add an Reverse Mortgage Line of Credit(RMLOC) as a “non-traditional” asset. This leads to an expanded and more holistic view of asset allocation in retirement with primary asset classes of equities, bonds, homes, and RMLOC loan balance, along with SPIAs and reverse mortgage tenure payment plans.
WHAT IS A REVERSE MORTGAGE ?
Common questions answered on the reverse mortgage… like the misconception that it is only a loan against the property and the lender is taking your house.
Leave a Legacy Instead of a Headache!
Unlock your home equity to pay off debt or increase spendable income. Look at our chart to see how much equity you may be able to unlock.
Our Promise To You
Our Promise to tell you the details at a speed you are comfortable and show you your options.
Give Yourself a RAISE!
Eliminate your debt with a reverse mortgage. Try this little exercise to see how much money you can release. Chart on how much money might be available based on your age and house value.
USE YOUR EXISTING HOME TO BUY YOUR NEW HOME
“Instead of buying our retirement home for cash, we used a HECM(reverse mortgage) to finance about half.“ See an example of buying with and without a HECM. Also review the chart on how much money is available likely based upon your age & house value.
IMAGINE THE PERFECT LOAN FOR RETIREMENT
Why the reverse mortgage might be the perfect loan in retirement…
Educating Financial Planners
HECM’s(reverse mortgages) are a remarkable consideration for financial advisors to guide senior homeowners with options in retirement.
YOU SERVED US…NOW IT’S OUR TURN
Veterans deserve financial solutions to release the trapped equity in their home. Tax free cash example with an exercise & chart to see just how much might be available to you based on you age & house value.
- Home Financing | Intermediate | Mortgage Debt Elimination | Real Estate News | Reverse Mortgage Facts
Unlock Your Wealth
Is retirement as rich and rewarding as you thought? Senior citizen homeowners with equity can do a quick exercise to see how much tax-free money a reverse mortgage might offer. A chart of your age & house value guides you also…
EXPERIENCE COMPLETE FINANCIAL CONTROL
Reverse Mortgages can increase your legacy, unlock your trapped equity, increase monthly income, or mix your many options of this tax-free cash…
RV Financing Made Easy
A Reverse Mortgage can help you travel! Release the equity in your home for cash to maybe buy an RV? Use the chart to see how much cash might be available based upon your age & house value…
- Annuity Type Monthly Income | Home Financing | Intermediate | Mortgage Debt Elimination | Real Estate News | Reverse Mortgage Facts
Home Equity Conversion Mortgages, Enriching Your Financial Security
HECM(reverse mortgages) offer senior citizen homeowners a way to eliminate their mortgage, get a lump sum, credit line or even monthly income of tax free cash.
How the reverse mortgage process works
Reverse mortgage steps to success when you apply for this loan from the equity in your home.
- Annuity Type Monthly Income | Home Financing | Home Repairs | Intermediate | Mortgage Debt Elimination | Reverse Mortgage Facts
What you should know about reverse mortgages to help your parents live well in retirement.
Reverse Mortgage offers quality of life in retirement. Facts & Repayment are discussed…
5 Misconceptions of Reverse Mortgages
Reverse Mortgage Myths discussed with Truth’s revealed…
- Annuity Type Monthly Income | Intermediate | Mortgage Debt Elimination | Real Estate News | Retirement Income | Reverse Mortgage Facts
9 surprising ways to use a Reverse Mortgage
Reverse Mortgages offer many options for senior citizen homeowners to solve many financial problems…
