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Combat Inflation with Reverse Mortgage

November 11, 2022

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

With inflation up could reverse mortgage be your ace in the hole?

reverse mortgage

How reverse mortgage can help YOU combat inflation: 

  • Turn off monthly mortgage payments
  • Access your home’s equity
  • Get a lump sum of cash or monthly payments in your pockets!

 

Call us today to learn more about how we can help you fight inflation!720-542-5545

 

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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.