Formally known as a Home Equity Conversion Mortgage (HECM), a reverse mortgage loan has helped more than a million American homeowners realize a better retirement. Use the tax-free proceeds to make home repairs, pay for medical care or cover everyday expenses.
No two retirements are the same, so feel comfort knowing we have you covered. I work directly with older homeowners, their family members and Advisors to show the possibilities reverse mortgage loans open. For most, the use of home equity in retirement today is essential. Let me help structure a personalized solution that will meet your retirement needs.
Dinah credits a reverse mortgage for keeping her connected to her neighborhood. Her circa-1950s home has a street-facing front door, one of the few in the neighborhood, that she opens to a constant, happy hum of cars and children passing by. Her health provider is just a short jaunt away. The neighborhood is a multi-ethnic blend of older and newer families, where she says everyone is supportive of one another.
When the pandemic struck, many Hollywood studios shut down or scaled back their production, upending the income of part-time actors like Linda M. Fortunately for Linda, she had a reverse mortgage in place to help supplement her income, and now with better times ahead, this creative soul is ready for many more closeups.
*As with any mortgage, borrower must stay current with property taxes and homeowner’s insurance, the home and otherwise meet their loan obligations.
“Brad really goes the extra mile to get you the support that you need from doctors, attorneys, home repair specialists, etc. Brad also is real patient and hangs in there when there are delays, 2nd thoughts, homeowner requested changes to the loan terms and conditions.”
Reviewed by Anna
Whether you're a senior homeowner wanting to improve your retirement or an industry professional who works with senior homeowners, it would be great to hear from you. Use the form below to request free information, or contact Brad directly by calling (310) 920-7610 or emailing firstname.lastname@example.org.
Today, seniors need more financial help than ever in order to maintain their standard of living and secure a better retirement. With exclusive access to innovative products, the industry’s most qualified professionals, and solutions to build your practice, let me be your competitive advantage as more of the families you serve turn to home equity to help improve their retirement. Together, we can make a positive difference for the millions of Americans entering retirement each year.
When the idea of the reverse mortgage loan was first conceived in the early 1960’s, people quickly began to recognize that the concept was a brilliant answer to a common challenge. Many senior homeowners wanted access to their home equity to help fund retirement while remaining in their home—and a reverse mortgage loan could help them do just that. […]Read More
In the early 1960’s a new type of mortgage loan was designed specifically for senior homeowners who wished to access the equity in their home while aging in place. This new loan became popular because it fulfilled a need that many borrowers had. Senior homeowners wanted to stay living in their homes for the rest of their lives, and reverse mortgage loans were the perfect solution to help them do just that. […]Read More
When you first begin to learn about a reverse mortgage and its associated advantages, your initial impression may be that the loan product is “too good to be true.” After all, a key advantage to this loan, designed for homeowners age 62 and older, is that it does not require the borrower to make monthly mortgage payments. Borrowers are responsible for paying property taxes, homeowner’s insurance, and for home maintenance. […]Read More