Monthly archive for May 2017

Life Without Mortgage Payments

Life Without Mortgage Payments

One of the key advantages that a Reverse Mortgage offers is the opportunity to increase your current income. The cash you receive from the Reverse Mortgage can be used for any reason. Best of all, if you currently are making monthly mortgage payments, imagine what you could do each month with that money!

Jamie Hopkins, Professor of Taxation

“Using a Reverse Mortgage is no longer just for the cash poor and house rich. Instead, Reverse Mortgages can be used strategically as part of a retirement income plan designed to build a buffer against sequence of return risk early in retirement, help defer Social Security benefits or reduce cash outflow from traditional mortgage payments.”
Jamie Hopkins, Professor of Taxation. The American College in Bryn Mawr, PA


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Reverse Mortgage Answers on Facebook

Recently, we helped a client who inherited a property with her brother and sister. She wanted to keep the home, but the house was left to all the siblings. She lived on a fixed income, and she could not afford a monthly mortgage payment. Her lawyer referred her to me, and she gave me a call. We were able to use the Reverse Mortgage to pay off her siblings so she would become the sole owner and remain in the home. ... See MoreSee Less

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5 days ago

Reverse Mortgage Answers

After a person does a Reverse Mortgage, does he or she have any responsibilities afterward? ... See MoreSee Less

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After a person does a Reverse Mortgage, does he or she have any responsibilities afterward? Let's find out the correct answer to that today at 4:00 p.m. with Mr. Mark McVearry. We hope that our weekly live videos are educating you about the Reverse Mortgage in a short, but effective manner. See you soon! ... See MoreSee Less

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