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

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Reverse Mortgage- Your Untapped Asset

March 17, 2022

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Customize Your Retirement with Reverse Mortgage

Accessing your home equity as a measure of flexibility and another source of retirement income through reverse mortgage can be part of a customized retirement plan.

In retirement, it’s critical to make the most of every resource available and an often-untapped asset is one’s home equity.

When it comes to retirement, no two plans are the same. A great financial plan for you really comes down to three elements:

  1. Your Goals and Values
  2. Customization
  3. Flexibility

One way to help your plan achieve those goals might be to consider a reverse mortgage.

What is a reverse mortgage? Is a reverse mortgage right for me? Do I qualify for a reverse mortgage? Call us today at 720.541.5545 to learn how to use your home equity the smart way.

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720-541-5545 - Colorado

928-277-4476 - Arizona

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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.