Like many retirees, are you dealing with the following:
- Still making monthly mortgage payments.
- House is paid off but still do not have enough money to enjoy retirement living.
- Looking to improve quality of life during retirement.
Well then, you should check and see what a reverse mortgage could do for you. There is good reason for the record number of people taking out a reverse mortgage in 2020 and continuing into 2021.
Here are a few things that you might be able to benefit from:
- Eliminating your monthly mortgage payment.
- Take some cash out to pay off debt.
- Use the funds to do some much-needed home improvements.
- Set up a line-of-credit as an emergency reserve account to help cover unexpected costs.
- Set up a line-of-credit early in retirement so it has time to grow to help cover long-term care costs later on in life.
The reasons to do a reverse mortgage are many. Let’s have a conversation and see what your options look like.
There is never any pressure from us, just education, facts, and transparency. David treats all his client’s the same way he would treat his own mother & father…with trust, integrity & respect!
So, give David a call today at 617.797.3277 to get educated on how this unique financial tool may benefit you!