Reverse Mortgage News
Info You Can Use

Monty Simons (818) 825 - 1773 phone

Greetings,

I hope all is well with you, and that business is off to a good start!!

 Long time no talk.  The Reverse Mortgage program went through a little overhaul, but it's still a great resource, and FHA even announced a new Fixed rate program where you don't have to take a lump sum disbursement.  You can use it as a line of credit or take it however you'd like. Best part is the unused money grows at over 6%!! Of course it is still tax free and does not affect social security. Rates are still very low!!

A Reverse Mortgage is a great option for someone 62, or older who might have been turned down for a refi, or it can be used as a financial planning tool. Whatever the case it is something

 

The HECM for Purchase is a great option for people 62 or older to use to purchase a home.  This way they can keep more money in the bank.   It's a great option for upsizing or downsizing.

Rates are low, there are still NO qualifications (income, credit, employment), and the money is TAX-FREE.  It creates great peace of mind. 

A Reverse Mortgage can create piece of mind in many ways - payoff a mortgage,  pay for in home health care, to help grandchildren, to upgrade the home...the list is endless.

 

Maybe you know someone right now who might benefit from this powerful product.  Payoff a mortgage? Create income? Create another "bucket" for retirement? Gifting? The list goes on, and on.

There are fixed rate products, and variable rate products that are available. It's important to look at all plans available to determine what is best for them.

I am happy to run any scenario that you might have even if you think it may not work call me to find out.

JUMBO reverse mortgages available too.  Call for more details.

Please forward this email to anyone you might think would find it useful.  You might be helping someone create peace of mind.

 

Remember: 
62 or older
NO employment, income, or credit requirements.
DOES NOT affect social security, 
Proceeds are TAX FREE.
NO payments for as long as you live in the home.
Call Monty at 818 825 1773

                  

 

 
Monty Simons
Reverse Mortgage Specialist
(818) 825 - 1773 direct
(888) 237-4085 Toll Free