The Reverse Mortgage
A needs based “product of last resort” or a powerful component in an overall and more comprehensive retirement plan?
The newly restructured Reverse Mortgage is being recognized by scholars throughout the nation as a product, when used correctly, morally and ethically that can greatly increase a client’s quality of life during their retirement years. Whether a reverse mortgage is used to eliminate a client’s present mortgage payment, or other reoccurring debt, this product can greatly improve their monthly cash flow.
Or what about assisting them purchase their dream retirement home utilizing the HECM for Purchase loan?