Uncover the truths about home equity that can help you meet your needs today and in the future without repaying the loan monthly.
- Truth #1: You still own your home and are free to sell it anytime.
- Truth #2: Your heirs aren’t responsible for debt if your house depreciates in value.
- Truth #3: You don’t need a mortgage to qualify.
- Truth #4: You can use your home equity however you want.
- Truth #5: There’s no monthly mortgage payment.
- Truth #6: Reverse mortgages are a strategic tool to increase cash flow
- Truth #7: Less than 1% of CFPB complaints were for reverse mortgages.
- Truth #8: You can use a reverse mortgage to purchase a new home.
Reverse mortgages aren’t for everyone, but it might be right for you. Contact me to discuss your options.