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Reverse Mortgage Home Equity Quiz
Kevin Guttman
2025-01-17T15:15:19-07:00
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Welcome to the Reverse Mortgage Home Equity Quiz!
Find the Right Mortgage Solution for You!
As one of the nation’s leading mortgage brokers, we offer access to a full range of residential loan programs, working with dozens of wholesale lenders to find the best options for you—saving you valuable time and effort. To better understand your needs and identify the ideal loan program, answer a few quick questions below!
What type of mortgage repayment structure do you prefer?
(Required)
A mortgage with required monthly payments
A mortgage where repayment occurs only when the home is sold or refinanced
(In both cases, you remain the owner on title, and when you sell, you receive the remaining proceeds after paying off the loan and any realtor fees.)
How important is flexibility in credit and underwriting requirements?
(Required)
Saving you time, effort and money
I prefer a mortgage with more flexible qualification criteria
Do you want to make mandatory monthly payments, or would you prefer flexibility?
(Required)
I’m comfortable making monthly payments
I’d prefer a mortgage where payments are optional—or even not required
Would you like to access your home equity tax-free, or keep it inaccessible?
(Required)
I don’t need access to my home equity
I’d like to access my equity tax-free
Do you want a mortgage where your home equity remains inaccessible, OR one that allows you to access your equity tax-free? If the latter, would you prefer:
(Required)
A lump sum payout
Monthly payments made to you
A growing line of credit, insured and protected from market downturns?
This quiz will help us understand your housing preferences as you age. Please rate your interest in each option on a scale of 1 to 10: 1 = Not interested | 10 = Very interested. Click "Next" to begin.
Where do you see yourself living as you age?
(Required)
I want to stay in my current home.
I’d like to move.
How strongly do you feel about staying? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about moving? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
If you’d like to move, what are your preferences?
(Required)
Move to another home
Move in with family
Consider assisted living.
Move to another home:
(Required)
Pay cash
Finance the home
Rent
How strongly do you feel about paying cash? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
Finance the home:
Traditional mortgage or HELOC (with monthly payments)
H4P mortgage (one large down payment; no monthly payments required)
How strongly do you feel about this option? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about this option? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about renting? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about this option? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about this option? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
Do you want to remain as an owner on the title of your home?
(Required)
Yes, I want to stay the owner.
No, I’m open to other options.
How strongly do you feel about staying the owner? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about exploring other options? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
Do you currently have a mortgage on your home?
(Required)
Yes
No
Would you like the option to make your mandatory monthly mortgage payments optional?
(Required)
Yes
No
How strongly do you feel about this option? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about not having a mortgage? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
Would you like to access your home equity through one of the following (all non-taxable)?
(Required)
Lump sum
Monthly payments to you
A line of credit that grows with compound interest over time
How strongly do you feel about a lump sum? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about receiving monthly payments? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
How strongly do you feel about this option? (Rate: 1–10)
(Required)
Please enter a number from
1
to
10
.
Thank You for Completing the Quiz!
To provide you with personalized results and recommendations, please share your contact information:
Name:
(Required)
Phone Number:
(Required)
Email Address:
(Required)
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