WHY Would Someone Get A Reverse Mortgage? #reversemortgage
🎞️ · 13.02.2024 · 01:24:47 ··· Dienstag ⭐ 1 🎬 185
📺 Reverse Mortgage Group
🎬 · 13.02.2024 · 01:24:47 ··· Dienstag
😎 · 04.07.2024 · 02:58:44 ··· Donnerstag
What are the top 10 reasons why a senior would get a reverse mortgage?
1. Budget breathing room/peace of mind. 2. Enhance lifestyle. 3. Home improvement or modifications to age in place. 4. Debt consolidation. 5. Purchase a new home. 6. Fund gifts to heirs. 7. Supplement retirement income. 8. Pay for medical expenses. 9. Cover property taxes and insurance. 10. Delay social security benefits. (article by Michael G. Branson)
There are hundreds of reasons why, but the primary reason is to eliminate your monthly mortgage payment and increase monthly cash flow. But you can also pull cash out. These funds can be used for anything, from home improvement projects to luxurious vacations and anything in between.
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#reversemortgage #reversemortgagegroup #fha #seniorhomeloans #budget #lifestyle #homeimprovement #debtconsolidation #purchasenewhome #downsize #giftfunds #howtopayformedicalexpenses #medicalexpenses #socialsecurityretirement
· 13.02.2024 · 01:24:47 ··· Dienstag
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