If you’re a senior homeowner concerned about whether your savings will last through retirement, you may want to consider a reverse mortgage. Steve Kaye is a Certified Reverse Mortgage Specialist, with over 24 years of lending experience, including reverse mortgages. Steve can show you how a reverse mortgage can be used to provide increased cash flow in retirement. Steve is not limited to offering just one lending option, program, or product. Rather, he is able to search from among the top Reverse Mortgage wholesale lenders in the country for the best rates and programs to meet your specific needs.
A reverse mortgage can eliminate your current monthly mortgage payment and provide you with a monthly income to boost your cash flow - or establish a line of credit, if you prefer, to be used as needed. And, in some instances, he can do both. But most importantly, you’re able to tap into a portion of the equity you’ve earned in your home now… while still retaining 100% full ownership.
To qualify, you must be 62 years of age, maintain your home, and keep up with your annual property taxes, homeowners’ insurance or association fees, if applicable. A reverse mortgage can be a great way to supplement your retirement income, whether it be from a 401K, pension, Social Security, or other means…and provide you with a more comfortable, worry-free, and independent lifestyle during your retirement years. To find out more, please call Steve to set up a no- obligation consultation today. He is happy to answer any questions you might have.