License #

David Viox NMLS19263
Rob Young NMLS20702

Thursday

Retired? Let us Help you make your money last!

Older Americans are becoming the big bulk of homeowners. We understand that its very stressful and critical on you and your family to make sure that you are set in your home for years to come. With a reverse mortgage some of those worries can be taken off your plate and you can stay in your home longer. 

Before looking into a reverse mortgage there are some things you should look into. You must be 62 to be considered for a reverse mortgage. Also you want to look into your finances. Does your home have enough equity to make the process worth it? Do you think a reverse would be beneficial to your finances? Reverse Mortgages are very time consuming and you want to make sure that this is what is right for you. 

When it comes to lenders you want to shop around and find the right lender for yourself. There are many different lenders out there with different procedures and ways of doing things. Really be choosy about who you choose to invest your time with. Also if you are not familiar with reverse mortgages, educate yourself a little before investing. Read all the documents very carefully before signing anything. You want to have a full understanding with no confusion before moving on with the process. The more questions you ask, the less confusion there is. 

Here are some benefits of Reverse Mortgages
  • You retain the title and ownership of your property.
  • You are never required to make a monthly mortgage payment.
  • You have access to cash you built up in home equity.
  • You don't have to have income to qualify or good credit.
  • You can never owe more than your home is worth.


Vandyk Mortgage would love to help anyone who is interested in a Reverse Mortgage.Call our experienced reverse mortgage professionals today and learn more about the benefits of this financial tool. You can release part of the equity in your home and retain the ownership all without a monthly payment. Help a loved one, remodel or make repairs to your house, you can do what you want to do.


 You now have more choices than ever.


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