Stop Worrying About Your Retirement…
Tax-Free Income for Qualifying Baby Boomers in Virginia*
Government Insured Loan Program for Baby Boomers
Baby Boomers have been hit especially hard by America’s economic problems.
Many - especially those on fixed incomes - have been forced to choose between paying the mortgage, buying food or 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.
There is a loan program exclusive to senior citizens that could help solve the problem.
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.
Qualifying Is Easier Than You Think
To be eligible for this program, you or your spouse must be over 62 years of age and occupy your home as your primary residence.
The fastest way to determine whether you qualify is to speak to a specialist who can educate you on the details and benefits of a Reverse Mortgage.
They will be able to guide you through the approval process and advise you on any other eligibility requirements.
How to Calculate Your Benefits
Baby Boomers who qualify may receive up to $450,000 of tax-free* income.
Every age and home has a different loan amount. You’ll want to check out this special site to determine how much your home can pay you!
If you are 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 you may decide 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 choose to receive a single lump sum payment.
The payout calculations are a little complex, so Reverse Mortgage Educators – a specialist in educating Baby Boomers on this program – created a tool to calculate your potential benefits for you.
Stop Worrying About Money and Act Right Now
There is a special phone number on the next page where you can call and speak to a licensed Educator who can tell you whether you qualify and answer all your questions. Or you can fill out their easy form to get some more information.
Learn more how a Reverse Mortgage is probably right for you…
*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