Would it make a difference …if you never made another mortgage payment, and lived out your life in your current home?
At 79 years old, my father was working a full-time job to make his monthly mortgage payment.
I often wonder how his life would be different if he didn’t have to work at that time. My father passed before I was able to make a difference for him, but I am compelled to share that story and offer an option to others.
A senior couple with health concerns came to us in need of some renovations to their home. If completed, this would allow them to stay in their current home amidst compromised health and mobility concerns. With the Home Equity Conversion Mortgage (Reverse Mortgage), we were able to draw cash from the home equity for the renovation, provide a monthly cash disbursement, establish a growing Line of Credit, and no monthly mortgage payment for as long as they live in their home.
There are many financial strategies around building wealth and sustaining our investments. Please don’t hesitate to ask about how the Home Equity Conversion Mortgage (Reverse Mortgage) can work to your advantage. New home purchase or refinance your current home with a Reverse mortgage and eliminate your mortgage payment for as long as you live in your home. Provide yourself with a line of credit and reallocate your cash flow towards… long-term care, investment opportunities, or redistribute your wealth on your terms.
For my father, he missed the opportunity to experience retirement without working. We can make a difference in your retirement.