The New Reverse Mortgages, zero monthly Mortgage payment joy with a Reverse Mortgage. Discover what you don’t know about The New Reverse Mortgage. Safer, Better, Smarter.
Can you relate to Jeanne & Frank? For years, this husband and wife team have helped others discover their zero mortgage payment joy* through Home Equity Conversion Mortgage (HECM: aka THE NEW Reverse Mortgage). Now it’s Jeanne and Frank’s turn to tap into their hard-earned equity and live without the stress of monthly mortgage payments. *
Many of their real estate clients have used reverse mortgage to purchase new homes. But, after raising three kids in the family home, they’re looking forward to making more memories in it. Thanks to their reverse mortgage, they’ll also have access to funds they may need down the road.
Breathe Easier with THE NEW Reverse Mortgage … According to financial experts, seniors in our country have accumulated between $6-8 trillion in home equity (Reasons why Baby Boomers are a Market to Watch, David Loman). Equity that can be put to good use. Best of all, just like a regular mortgage, you NEVER GIVE YOUR HOME TO THE BANK and your heirs will never owe more on your mortgage than your home is worth.
In place since the 1980’s and improved in 2018, the benefits of a FHA government insured Home Equity Conversion Mortgage (HECM aka THE NEW Reverse Mortgage) for homeowners 62+ year of age are many, including:
- Zero Monthly Mortgage Payment Joy*
- Pay off your existing mortgage and make catch up payments to your 401K or IRA.
- Funds for Medical or Dental expenses
- Accessible cash for home improvement
- Greater New Home Purchasing Power
- Buy that Vacation Home you always wanted and have no mortgage payments.*
Call me today! I will send you my free Reverse Mortgage Handbook. Read more about Reverse Mortgage for Purchase (HP4)
I am a Reverse Mortgage Professional, I teach Realtors and Financial Planners how The NEW Reverse Mortgages work, and I have helped so may retired people enjoy a better, less stressful retirement.
The NEW Reverse Mortgage is much easier to qualify for and offers very comparable rates to regular FHA mortgages.
Discover your Zero Mortgage Payment Joy*.
* No more monthly mortgage payments. Borrowers must maintain the property and remain current on property taxes, homeowner’s insurance and applicable HOA dues. Scenarios described represent case studies, relate opportunities and protect client identity therefore specific likenesses and names are fictional.
Richard Woodward, NMLS 217454
Your Local, Direct, 5 Star Rated Mortgage Lender, Specialty Lending Manager
Office: (214) 945-1066
Service First Mortgage NMLS 166487
6800 Weiskopf Ave #200, McKinney, TX 75070
Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice. The views expressed on this site are those of the individual author and do not necessarily reflect the positions, strategies or opinions of Service First Mortgage or its affiliates.