HOMEOWNERS
62 OR OLDER
A Reverse Mortgage May be a Source of
Tax-Free Cash!
As homeowners 62 or older, you can use the equity you have built in your primary residence to make your retired years richer. There are no restrictions on how you use the loan proceeds and the payments you receive are tax free since you paid taxes on the money you used to pay for your home over the years.
You can pay off your current home to free up monthly cash flow, help your children, your parents or yourself with medical expenses, take those trips you always wanted or simply have access to a line of credit at any time.
Ask your self a few simple questions:
1. Am I over 62?
2. Do I
intend to live in my home for as long as possible?
3. Do I have
substantial equity in my home?
4. Do I have
no mortgage or is it almost paid?
5. Could I
benefit from extra income each month?
The key question is #5. If you answered yes to #5 and yes to substantially the rest of the questions it is probably worth your time exploring the benefits of a reverse mortgage.
Feel free to contact us by clicking here or on one of the Contact Us buttons and we will call you to help determine if a reverse mortgage will work for you. There is absolutely no obligation.



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