Real Estate Professionals
You Can Help Retirees Maximize Their Purchasing Power
With a reverse for purchase loan, retirees can use their home equity to live where they want, in the house that they want—without having to pay monthly mortgage payments (must pay taxes, insurance and home upkeep expenses).
Many retirees would like to move, but some are still making mortgage payments, and others are fixed on the idea of having a home free and clear. That means many retirees think that unless they want to move somewhere less expensive than their current home, they are locked in place. That’s a shame, because it’s not true!
