720-541-5545 - Colorado
928-277-4476 - Arizona

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Colorado Springs Realtors CE Class Reverse for Purchase

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Tuesday, May 16 · 10am – 1:30pm MDT The Hall at PPLD 20 W Pikes Peak Ave 20 West Pikes Peak Avenue Colorado Springs, CO 80903 Free – Lunch Included! Discover how a Reverse Mortgage for Purchase can be a smart solution for home buyers 55 and older who want to buy a more appropriate…

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Westminster Realtors CE Class Reverse for Purchase

reverse mortgage

Monday, May 15 · 10am – 1:30pm MDT 12225 N Pecos St 12225 North Pecos Street Westminster, CO 80234 Free – Lunch Included! Discover how a Reverse Mortgage for Purchase can be a smart solution for home buyers 55 and older who want to buy a more appropriate home with a one-time investment of about…

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Divorce After 50: A Financial Solution

Divorce After 50

In settling a Grey divorce often one of the hardest issues to resolve is what to do about the house – which is often the most valuable asset in the marriage — for some couples divorcing later in life, selling may make the most sense BUT if one spouse wishes to stay in the home…

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Why do reverse mortgages have a bad reputation and has it changed?

Elderly Couple

Reverse mortgages have had a bad reputation because they were initially marketed to seniors as an easy way to access their home equity without having to make monthly mortgage payments. However, some lenders failed to disclose the potential risks associated with these loans, such as high fees and interest rates, which could eat away at…

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Meet one of Bingo’s Owners- Holly!

Bingo reverse mortgage

Tell us about yourself!  I love my family, God and friends. There is nothing in life that means more than those around you. My husband and 4 kids are the best things to ever happen to me and my faith is my rock in the ups and downs in life. We love sailing, traveling, camping,…

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Combat Inflation with Reverse Mortgage

reverse mortgage

As inflation grows, many retirees worry about their purchasing power Financial experts recommend retirees consider a reverse mortgage for inflation protection Opening a reverse mortgage line of credit early and allowing it grow

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The 5 Most Common Myths of Reverse Mortgage

reverse mortgage

Myth #1: “the bank will own my home”  Fact: Just like any mortgage or equity loan, you continue to own the home, with your name on the title. You must meet your current obligations: keeping current with taxes, homeowners insurance, and maintenance. Myth #2: “I probably won’t qualify because I already have a mortgage”  Fact:…

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Offering Holistic Retirement Solutions

retirement

A Reverse Mortgage is just a tool in your client’s retirement tool belt. You need to be letting them know how you can provide them with a whole, holistic, retirement plan.  

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CONTACT INFO

720-541-5545 - Colorado

928-277-4476 - Arizona

LICENSING

Company NMLS ID: 2268418
Mortgage Loan Originator NMLS ID: 2216012

Equal Housing Opportunity

If you qualify and your loan is approved, a HECM loan must pay off your existing mortgage(s). With a HECM, no monthly mortgage payment is required. Borrowers are responsible for paying property taxes and homeowner’s insurance (which may be substantial). We do not establish an escrow account for disbursements of these payments. Borrowers must also occupy home as primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan must be paid off when the last borrower, or eligible nonborrowing surviving spouse, dies, sells the home, permanently moves out, or does not comply with the loan terms. A HECM increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). These materials are not from HUD or FHA and were not approved by HUD or a government agency.