Did you know that a Reverse mortgage is the best way to
stretch your retirement dollars?
It’s true! A HECM Reverse Mortgage can allow
you to free up cash each month by using the equity built up into your home.
With a Reverse Mortgage, you home always remains YOURS. Like any other mortgage, the title remains in
your name . However, unlike a regular or forward mortgage loan, with a Reverse
you can choose to access the house’s equity in order to either:
·
Eliminate the monthly mortgage payment
·
Take a lump-sum of cash out to use as you wish
·
Establish a ready line of credit to use for
unexpected expenses
·
Receive cash monthly payments to boost your
income
Or, you can stay in your home and use the mortgage proceeds
to update or remodel in order to fit your changing needs. It’s your choice. A HECM is very flexible and
gives you many options.
Why not call David at the office and ask him how a Reverse Mortgage can serve you this New Year and many more years to come. 513-429-2122 or toll free at 1-877-357-1410
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