Worked with over thousands of homeowners
Best Way For Homeowners To Maximize Their Retirement
This Program Is Designed
To Help Homeowners
Don't Refinance!
Traditional loans and refinancing might seem like quick fixes, but they only serve as temporary band-aids. Each loan means more monthly payments, dragging out your financial obligations without solving the root problem. With our program, you’ll experience the peace of not having to make a single loan payment until the day you and your spouse pass away. It’s not just a loan—it’s a comprehensive financial solution that puts you and your future first.
Your Home Is A Gold Mine
You've spent years, maybe decades, pouring your hard-earned money and heart into making your house a home. It's not just a property; it's a treasure chest brimming with memories and financial potential. Now, it’s time for that investment to pay off. Imagine transforming the equity you've built into financial freedom and comfort for you and your family.
You Won't Give Your House Up to the Bank
No Out of Pocket Costs
Your Heirs Will Keep the Property
Three Reasons Why You're Retirement Isn't Going According To Plan
(It's not your fault)
1. Prices Increased
Whether you're feeling the burn of rising costs now or not, remember that prices will continue to climb. Everything from your weekly groceries to annual insurance premiums is on an upward trend.ow. But
2. Unexpected Expenses
Life loves surprises, but not all of them are fun—like sudden home repairs or unexpected medical bills. These costs can really throw a wrench in your retirement plans. And when your family’s involved—maybe it’s braces for the grandkids or helping out your kids—it adds up even faster.
3. Healthcare Costs
Healthcare costs are rising faster than ever, and for many retirees, this is an unforeseen burden that eats away at funds set aside for later years. The costs of prescriptions, routine treatments, and emergency medical care can become significant financial burdens.
Frequently Asked Questions
1. Doesn't the Bank End Up Owning My Home?
Keep the keys, while easing your financial squeeze!
A common concern is that obtaining a reverse mortgage means eventually surrendering your home to the bank. In reality, a reverse mortgage is much like any traditional mortgage where you retain ownership of your home. The lender does place a lien on your property, but this is solely to ensure the loan is repaid under the agreed terms. You continue living in your home, maintaining its title, and making decisions about its future just as you always have. It's a financial arrangement that allows you to tap into your home equity without selling your beloved home
2. Can I Still Leave My Home to My Kids?
Another significant concern is whether a reverse mortgage prevents you from leaving your home to your children. While it's true that the reverse mortgage loan must be repaid, your heirs have options. They can choose to repay the loan and keep the home, sell the home and keep any remaining equity, or hand the keys over to the lender if selling the home doesn't cover the loan balance. It's all about giving you and your heirs choices, not limitations.
3. Will My Heirs Be Burdened With Debt?
Many people worry their heirs will be left with a significant debt to repay. However, reverse mortgages are designed with non-recourse features, ensuring that neither you nor your heirs will owe more than the home's value at the time of settlement. If the home sells for more than the loan amount, your heirs keep the surplus. If it sells for less, they're not responsible for covering the difference. This setup provides peace of mind, knowing your loved ones won't face financial hardship from your decision to opt for a reverse mortgage.
We Do Business in Accordance With Federal Fair Lending Laws
UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL STATUS (HAVING CHILDREN UNDER THE AGE OF 18), TO: Deny a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a dwelling, or to deny any loan secured by a dwelling; or
Discriminate in fixing the amount, interest rate, duration, application procedures, or other terms or conditions of such a loan or in appraising property.
IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINT TO: Assistant Secretary for Fair Housing and Equal Opportunity Department of Housing and Urban Development Washington, DC 20410
