Revese Mortgage Client Story

Received an email who said described her friends story regarding her reverse mortgage.

Janey loves her home, close local friends and wonderful neighbors in her neighborhood. But she was facing a decision because her savings had depleted and she was spending more than her monthly income, mainly because of payments she was making on an existing mortgage. She was considering selling her highly appreciated home and moving to a retirement community out of the area. It was upsetting for her to think of leaving her home where she was happy and comfortable. Just the thought of packing up her belongings was upsetting. Janey’s grandson did some research and presented her with options that included a reverse mortgage. After carefully looking at all of her options, she decided to get a reverse mortgage and was able to pay off her regular mortgage and eliminate mortgage payments completely. An added bonus was a lower interest rate on the new reverse mortgage loan. There were additional funds available to take care of much needed repairs on her home. Janey is not worrying about how to pay the bills now and feels proud of what she has done to protect her most valuable asset, her home.

To see how a reverse mortgage could benefit you, please call toll free 1-888-973-8377 or email us.