Reverse mortgages offer you a NEW way to think of generational wealth.
Many homeowners haven’t yet realized that their home’s equity is an incredibly valuable retirement asset.
HECMs allow qualified homeowners age 62 and older to access a portion of their home’s equity without giving up any ownership of their home and without required monthly principal and interest mortgage payments*.
Borrowers can then use that equity to fund their retirement and offer financial assistance to their children — maybe even for down payments for homes of their own.
Reach out today to learn more!
*Qualified borrowers only. Underwriting will include, but is not limited to, a review of credit history, property charge history, and residual income to ensure the loan is likely to be a sustainable solution for the household.
**Borrower is required to pay all property charges, including, but not limited to, property taxes, insurance and maintenance.
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