There is a mortgage available to senior homeowners that qualify that truly sounds too good to be true!
What does this mortgage look like?
- no mandatory monthly mortgage payment required
- decrease monthly expenses and increase cash flow
- access and unlock equity, when equity is accessed it is not taxed
- earn compound interest on equity, guaranteed
- protect equity from a real estate market correction
- transfer responsibility of repayment from yourself to your home
Does such a mortgage exist? It does for more than 1 million people since 1988. A reverse mortgage has many safeguards put in place in the last few years to protect senior homeowners.
To learn more, let’s set up a time to visit.