Are your clients considering a significant housing upgrade in retirement? Discover insights from CFP Board Ambassador Spencer Betts, CFP® regarding one couple's decision to upgrade to a $455,000 home with a 6.2% mortgage rate in this MarketWatch article by Aarthi S.: https://lnkd.in/euhQNegH
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Would you or a retiree you know benefit from a Reverse Mortgage from Norcom Mortgage? We take pride in helping seniors harness the power of their home's equity to live a more comfortable retirement. Schedule your free consultation today to learn if a Reverse Mortgage is right for you! #RetirementPlanning #ReverseMortgages #FinancialPlanning
If you're 62 or older, a reverse mortgage might be a great way to make the most of your home’s value. It can help you turn your home equity into cash, without having to move or take on extra monthly payments. Why Consider a Reverse Mortgage? Boost your retirement income. No more monthly mortgage payments. Stay in the home you love and keep ownership. Wondering if a reverse mortgage is the right choice for you? I'm here to help!
Thinking about a reverse mortgage? 🏡🔄 It lets homeowners 62+ convert home equity into cash without monthly mortgage payments. Ideal for boosting retirement funds, but it's important to understand the terms and how it affects your estate. Let’s explore if it’s the right choice for you! 💡💬 #ReverseMortgage #RetirementPlanning
$12,000,000,000,000 (Trillion) is the amount of home equity US homeowners over 62 have available. Why aren't they strategically making it part of their retirement plan using a HECM/reverse mortgage? Call/Text/Email me to learn EXACTLY how to help them. #retirementplanning #retirementincome #retirementmortgage #reversemortgage #HECM #holisticplanning
If you have more invested in your house than in your future, retirement might not be as smooth as you imagined. That’s why a Home Equity Conversion Mortgage may be a life-changing option for those 62 or older. While it isn’t for everyone, an FHA-insured HECM can be a great way to keep your home, protect your heirs and retire more comfortably – with no monthly mortgage payments ever! Questions? Talk to one of our experts today!?
Certified Mortgage Planner dedicated to optimizing financial solutions and empowering clients for homeownership success 🏡 | Expertise in mortgage planning, financial strategy, and personalized guidance.
Imagine buying your next home with no monthly mortgage payments. Sounds too good to be true? With the Reverse Mortgage Purchase Program, it's a reality! Discover how you can turn your home equity into the key to your dream retirement. 🏡✨ CMPS | NMLS # 188252 #RetirementGoals #FinancialFreedom #SmartHomeBuying #MortgageSolutions
Considering a reverse mortgage to make the most out of retirement? It's essential to understand what that may cost. From Upfront MIP to fees, appraisals, and more, getting a feel for its overall cost can help you get the most out of it if you elect to apply for a reverse mortgage. Get the comprehensive fee breakdown on our blog: Costs & Fees of a Reverse Mortgage https://lnkd.in/eeCF-u-W Before committing, compare costs with different lenders. Trust True Concept Title to help you navigate the process smoothly. Contact us at (813) 263-7168 to retire easily with a reverse mortgage. #ReverseMortgage #RetirementPlanning #TrueConceptTitle
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🏡 Thinking about a reverse mortgage? Here's the scoop: You still OWN your home! 🏠 💼 It's basically a loan against your home's value, but you decide when to sell or move. The bank can't just kick you out! Just remember, you still gotta pay those property taxes and insurance! 🚫💰 When the time comes, repayment is usually from the sale of the house, with any extra cash going to you or your heirs. 💸🔑 #ReverseMortgage #HomeOwnership #FinancialFreedom https://lnkd.in/eUyHCUvr
If you are approaching retirement, a Lifetime Mortgage might be an option worth considering. We explain the benefits and disadvantages to dispel the myths and explore whether it is right for you and your specific circumstances. Our Jerroms Mortgage and Finance team can help you determine whether a Lifetime Mortgage is the best option for you or discuss an alternative option. To read more about the benefits of a Lifetime Mortgage: https://lnkd.in/eiFt8Mpc #mortgage #finance #mortgageandfinance #retirement Andy Rose Richard Rigg Mark Flower Paul O'Reilly Lucas Markou Mark Eden Richard Horton Christopher Casey Thomas May Tony Seaton Alan Jones Liz Cottrill Steven Mcloughlin Kate Moon
Baseball wife and mom to 3 great boys. VP of Mortgage Lending at On Q Home Loans (NMLS#2553767), Speaker, and Event Host, passionate about helping people make connections for their future. Co-Owner GYMGUYZ Orlando West
Transform your retirement by buying a home through the FHA insured HECM for Home Purchase program! With just one large down payment, enjoy a lifetime of NO REQUIRED MONTHLY MORTGAGE PAYMENTS. Boost your buying power beyond paying cash and retire in style! #RetirementLiving #HECM #NoMortgagePayments
Financial Advisor
6moGreat insight 💡 It's also a good idea to talk to a real estate professional about important methods to keep your cost base low in states like #California. According to this article from Nomad Capitalist, persons 55 years and older can transfer the value of their principal residence to a replacement property up to three times anywhere in the state.