Home is where the heart is. Yet with the price of housing rising at an unprecedented rate, an “affordable” mortgage may seem like an oxymoron. If you’re looking to downgrade from your existing home, or searching for a second home, your options (or lack thereof) may seem overwhelming.
Yet what if we told you there’s a way to own and maintain your home indefinitely, with no mortgage payments required? [Disclaimer: Property Tax & Insurance must be maintained by homeowner.]
If you’re a senior citizen and searching for a new home, consider these 3 reasons a reverse mortgage loan may be for you:
Benefits of a reverse mortgage
1.No monthly mortgage payments! [Disclaimer: Property Tax & Insurance must be maintained by homeowner]
- Who hasn’t dreamt of living without the burden of monthly mortgage payments? With reverse lending, that dream is a reality! No monthly payments means more freedom – freedom to enjoy the travel, experiences, and relationships that make life worthwhile.
2.Remain in your home – indefinitely.
- With a reverse mortgage loan, the stress of impending monthly payments is a thing of the past. Without the burden of that ubiquitous bill hanging over your head, you can rest assured that you’ll be able to remain in your home for as long as you wish – your home is truly yours.
3.Live life, stress-free
- In a recent Harvard-University poll, over 30% of senior citizens described “major stress” due to financial pressures experienced in the last year. As we all know, chronic stress is detrimental to health, contributing to conditions as diverse as obesity, heart disease, and stroke. Free of the duress of monthly house payments, let your stress dissipate, and your quality of life soar!
If you’re like many older Americans, you’ve spent years developing a successful career, growing a vibrant community of family and friends, and investing in your future. Now, it’s time to reap what you’ve sowed! Settle down into the home of your dreams and begin to live life to the fullest – worry and debt-free.
Are you interested in learning more about the financial freedom of a reverse mortgage loan? Our trusted advisors are awaiting your call!