Mortgage Solutions
As a retirement solution on our mind, you may want to consider the government insured reverse mortgage. An opportunity for retirees to access the equity they have built over the years to turn it into a fund you can use today.
Increasing Your Retirement Income
When looking to increase the cash inflow during the latter stage of your life, reverse mortgage is an option worth considering to increase your income during your retirement. A reverse mortgage is the opposite of a home loan, instead of paying a lender on a monthly basis, the lender pays you.
Benefits Of
A Reverse Mortgage
Receive tax-free money from the equity in your house
Eliminate your current mortgage payments
You are not required to make monthly mortgage payments
No-out-of pocket expense to you
The title to the home stays in your name
You can do a Reverse Mortgage and keep the title in your Living Trust
Your Social Security and Medicare benefits are not affected