What is a Reverse Mortgage? What is Mortgage loan | Reverse Mortgage fundamental explained
Автор: Reverse Mortgage Education By Kevin Guttman
Загружено: 2021-07-23
Просмотров: 2438
Описание:
Homeowners often ask, What is a reverse mortgage, and how does it work? It's a home loan that lets you live in your home without monthly payments. Many are also unsure about mortgage loans. In this video, I'll quickly explain the basics and key information.
📞🏛️Kevin A. Guttman, NMLS #384936
📞🏛️www.ReverseMortgageRevolution.com
📞🏛️877-251-9709
📞🏛️[email protected]
💥There are lots of misconceptions about reverse mortgages, particularly among senior homeowners.
🏦A reverse mortgage can help senior homeowners who are equity-rich – but need the liquidity of additional cash flow - to help fund their retirement.💥
🏦A Reverse mortgage operates much like any other loan secured by a home… except that it transfers responsibility for repayment from the borrower to the home at sale or refinancing.💥
🏦It allows a senior homeowner to eliminate their mandatory, monthly Principal and Interest mortgage payments, while unlocking access to the equity in their home, free of income taxes.💥
🏦By using a reverse mortgage, a senior homeowner can remain in their home, retaining their title as owner and still maintain their independence.💥
🏦This additional non-taxable cash flow can also help senior homeowners decrease the odds of outliving their money in retirement and reduce the anxiety about their financial future.💥
🏦To learn how a reverse mortgage might be structured to suit your needs, call a C2-certified reverse mortgage specialist today.
🏦💥 • What is a Reverse Mortgage? What is Mortga... 💥
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What is a Reverse Mortgage? What is Mortgage loan | Reverse Mortgage fundamental explained
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