Save Your Retirement Today with Tax-Free* Reverse Mortgage Income
Baby Boomers have been hit hard twice in the past few years.
First, by America’s economic downturn… And again by Medicare cuts.
And with major cuts to Medicare now being legislated – chances are better than ever that benefits will take a further hit and deeper cuts will happen in the coming months.
Baby Boomers Now Forced to Choose
Many Baby Boomers - especially those on fixed incomes - have been forced to choose between i) paying the mortgage, ii) buying food or iii) paying for life-saving medicine.
And with the cost of living shooting sky-high, many retirement dreams have been dashed on the rocks of inflation.
Thankfully, there is a real ray of hope…
Qualified Baby Boomers may receive up to $450,000 in tax-free*income through this new Home Equity Conversion Mortgage (HECM) program, also known as a Reverse Mortgage.
Each Borrower and Home in Virginia has a different loan limit. You’ll want to check out this special site to determine how much your home can pay you!
In a nutshell, the reverse mortgage loan allows you to live in the home you love.
Several Ways to Receive Cash Money and Keep Your Home**
And once eligible, you can choose to receive your benefits:
- As equal monthly payments for the rest of your life (as long as you or your qualifying spouse live in your home) ...
- Or equal monthly payments for a fixed period…
- You may also choose to receive unscheduled payments (or installments) at times and in amounts of your choosing until the benefits are exhausted...
- Or you may choose to combine unscheduled payments with scheduled monthly payments (for as long as you remain in your home).
- Or a combination of unscheduled payments plus monthly payments for a fixed period of your choosing.
And finally, you may also choose to receive your money in a single lump sum payment.
Finding Out If You Qualify Is Easy and Fast
To qualify for the new reverse mortgage program:
- You or your spouse must be 62 years of age or older
- You must also occupy your home as your primary residence
How to Calculate Your Reverse Mortgage Benefits
The payout calculations can be complicated with a lot of moving parts. That’s why the easiest and fastest way to determine if you qualify, and for how much, is to speak to a licensed Reverse Mortgage Educator.
An Educator will be able to guide you through the approval process and advise you on any other eligibility requirements. Rest assured, all information between you and the Educator is private and confidential.
Our Favorite Reverse Mortgage Educators
Reverse Mortgage Educators created an accurate reverse mortgage calculator to tell you your potential benefits.
And since they are the leading reverse mortgage educator …
Reverse Mortgage Educators can show you how to get the biggest benefit from a reverse mortgage where other lenders may not.
Just click below to see how much you can get, or you can call and speak with a licensed Reverser Mortgage Educator with your questions.
See how much money you can get today…
*Consult with your Tax advisor for Details
**Homeowner is still responsible for the upkeep of the home including property taxes, homeowner’s insurance, and maintaining the home to FHA standards. Loan Approval not guaranteed.
The material has not been approved by HUD or FHA.
NMLS: # 1064287 BRE: # 01932729