https://www.youtube.com/watch?v=XbtgJd3d0y8&list=PL7Kmut-pO7RjKF6SYIBuS_WmFASqlluPi&index=8 If you’re part of the “Sandwich Generation”, meaning your parents are over 65 and you’re raising your own children, you face a difficult choice. You’re trying to balance the funding needs of your own family against the worry that your parents’ savings won’t be enough to cover their living or health care [...]
Having enough cash to last to - and through - retirement is one of the major challenges facing today’s seniors. A reverse mortgage is a safe way to help senior homeowners improve their cash flow while allowing them to better “age in place” in their own home. With a reverse mortgage, seniors can tap [...]
A frequently asked question about reverse mortgage loans is, “When do I have to pay it off?” There are several scenarios regarding when a reverse mortgage would have to be paid off. The first would be when the last borrower passes away or moves out for more than a year, so the home is [...]
One of the most frequently asked questions about reverse mortgages is, “How does it differ from a traditional mortgage?” With a traditional mortgage, you make your payments each month, slowly chipping away at the loan balance a little bit at a time. But with a reverse mortgage, monthly principal and interest payments are [...]
Inflation has increased the price of just about everything, including buying a new home. For senior homeowners living in a home that no longer fits their needs, this is a serious problem. They have the option of selling their home and receiving an inflated return, but finding a new home when inventory is [...]
My dad was a successful realtor and investor in Orange County CA in the mid-60s to late70s. He was able to retire from the cash flow of his 20 rental properties at age 48. I learned the advantages of owning real estate such as: appreciation, leverage, cash flow as well as the tax advantages. During [...]
This is one of the top questions I get from people. The answer is the day you qualify! I am 100% serious. Why is that? Because the program, the real estate market and interest rates are changing and not always in favor of the borrower. Here are some examples: since 2015, HUD, congress and the [...]
What are the 3 Main Uses of a Reverse Mortgage? A reverse mortgage is a misunderstood, misrepresented and therefore under-utilized financial product. When people understand how they work, and how they can improve their lives, the reaction I hear most often is what’s the catch? Or, this sounds too good to be true! The truth [...]
This licensee is performing acts for which a real estate license is required. C2 Financial Corporation is licensed by the Colorado Division of Real Estate; California Department of Financial Protection and Innovation, California Finance Lenders Law License # 603L442; Hawaii Department of Financial Institutions, Broker# HI-135622; Idaho Department of Finance, Broker license # MBL-9475; Kansas Office of the State Bank Commissioner; New Mexico Financial Institutions Division; Ohio Division of Financial Institutions, License # RM.804919.000; Oregon Division of Finance, DFR# ML-4917; Pennsylvania Department of Banking and Securities, license # 104755.
As a broker, C2 Financial Corporation is NOT individually approved by the FHA or HUD, but C2 Financial Corporation is allowed to originate FHA loans based on their relationships with FHA approved lenders. 12230 El Camino Real Suite #100, San Diego, CA 92130.
Kevin A. Guttman, Retirement Mortgage Specialist & Sr. Mortgage Broker, NMLS #384936. Licensed in CO, NM, UT, AZ, KS, OK, TX, ID, CA, OR, WA, HI, TN, AL, MI, OH, PA, FL.
C2 Financial Corporation NMLS #135622
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Please call us or fill out the form so we can assist you with any questions or concerns you may have about the benefits of a reverse mortgage.
(719) 302-5820 or (877) 251-9709
