Alternatives to a Reverse Mortgage
A Reverse Mortgage may not be right for you...
(but I'd still be glad to talk with you and answer all your questions)
...if you are not yet 62 years old or don't own the home you live in. Good for you if you're planning ahead for your retirement. Contact me when your 62nd birthday is near for a no obligation consultation.
...if you have a large mortgage on your home and the Reverse Mortgage benefits won't completely pay off your loan. However, you may use other assets to make up the shortfall.
...if you plan to move or sell in the next few years there may be less expensive options. The are Reverse Mortgages for home purchases as well.
There are other ways to get cash without a Reverse Mortgage
You might consider selling your home to raise cash. However, selling requires leaving the home you're living in and finding a new place. To most seniors this is a burden they would rather avoid.
You could get a home equity line of credit, but that requires qualifying (income and credit) and making monthly payments. For many seniors, this is not possible.
These options may not be right for you too.
Do you need extra cash for living and want to stay in your home?
Then I encourage you to keep investigating Reverse Mortgages.
If you'd like to know more about how a Reverse Mortgage can benefit you, please contact me for a complimentary consultation. My toll free number is 866-885-5573, or click here to send email.
You may use my secure online form to send me your name age and property information for a confidential Reverse Mortgage benefits analysis and my free brochure Reverse Mortgage Fast Facts.
