Purchase the Home of Your Dreams
FUN FACT
More than 338,000 U.S. residents retired to a new home in 2023, a 44% jump from 2022 and the highest number in three years, according to a new report on migration trends.
AARP.org
A Reverse for Purchase (R4P) is a great way to get yourself into the home of your dreams!!
An R4P is a strategic tool that allows adults 55+ (for some loans, otherwise it’s 62) to increase buying power for a new home that fits your needs while eliminating required monthly mortgage payments.
Love Where you Live & Love Having Flexibility
- An R4P can give you more control over where you spend the years that matter most.
- Move closer to family and loved ones.
- Buy in the mountains, on a golf course or wherever your dreams take you.
- Eliminate your monthly mortgage payments.
- Increase buying power for a home previously out of reach.
- Downsize to reduce cleaning and maintenance needs.
- Move into a home more conducive to aging in place.
- Heirs not personally responsible for the loan balance.
Reverse vs Conventional Mortgages
Reverse and Conventional mortgages have a lot in common, but the differences make a difference. Which is better for you?
If you have any questions about how a Reverse for Purchase can elevate your buying opportunities, please contact us—we’d love to help you get into a home you’ll absolutely love!
