Improve your cash flow with a Reverse Mortgage

/in /by

How do Reverse Mortgages increase cash flow?

Options to Improve Cash Flow

Lump Sum. You can choose to access money in a lump sum. This option is typically used to pay off a mortgage, but can also be used to periodically access money in a lump sum.

Income Payments. You can choose to receive tenure income payments (also known as lifetime income payments) or term income payments based on the length of the term.

Line of Credit. Depending on the amount of equity in your property, you can build a nest egg for retirement down the road by taking advantage of a growing line of credit.

The choice is yours—you can choose one option or any combination of the three options above. We can help you determine which option is best for you (based on your other financial resources) during a personal consultation. On average our clients increase their retirement cash flow by over $250,000.

Let us help you build a plan that provides you with a more secure and sustainable retirement.

Do You Want to Retire in Your Current Home or Relocate?

/in /by

Do you want to spend your retirement in your current home or would you rather relocate to another area, stay in the same area and downsize, or buy a home that requires less upkeep?

With a Reverse Mortgage, you have a choice!

When considering a Reverse Mortgage to improve your retirement cash flow, you can choose to stay in your current home or purchase a new home.

Some common considerations when evaluating the best option for you is to determine if your current home is suitable for the long term. Is it too large?

Do you wish to relocate somewhere else?
Is the upkeep getting to be too much?
If you decide that you want to sell your current house and buy another home, you can do so with a Reverse Mortgage, by simply transferring the equity from the sale of your current residence.

Watch this short video to learn more about purchasing a new home with a Reverse Mortgage.

With a Reverse Mortgage, finding the home you wish to occupy for the long term results in the greatest financial benefit for you. Whether you decide to move or stay put, we can help you with calculations so that you can choose the best loan option to meet your needs.

We are here to discuss any concerns you have and clear up any misconceptions you may have heard.

Contact Us