Our industry puts so much emphasis on millennial homeownership and converting renters into first-time buyers. But how can we better serve those who are already homeowners and are approaching retirement?
Reverse mortgages — that's how.
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*.
A reverse mortgage can offer qualified homeowners financial security and freedom in retirement.
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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