jody

phonenumber Phone: (402) 290-7526

Serving Nebraska and Iowa

omaha

Screen Shot 2015-06-12 at 12.36.18 AMEmail: jsmythe@rfslends.com

NMLS# 543231

Testimonials

“Thank you for extending my retirement an additional 9 years!”
Bill T.
“It was a pleasure working with all of the professionals at Retirement Funding Solutions My loan officer held my hand through the process and I could not be happier with the plan that was established for me.”
Kevin S.

Property State

Please enter the code you see (required)
captcha

About Jody

Jody began in the real estate in 1975 in Iowa. In 1984 she transitioned to the mortgage banking field in Omaha, NE.

In 2004 she began specializing in reverse mortgages to help her clients refinance their existing mortgage to improve their cash flow and reduce or eliminate debt. A that time a reverse mortgage was considered a “loan of last resort.”

She soon realized that many retirees had done very little planning before their retirement. By taking the time to learn the finer points of retirement and estate planning she is better able to help her clients understand how a Home Equity Conversion Mortgage (HECM) works alongside their retirement plan.

Although she does not hold herself out as a financial planner or attorney, her knowledge allows her to work with these professionals to utilize housing wealth as part of their overall financial goals.

Frequently Asked Questions

You will still own your home and can remain in it as long as you wish, provided you continue to pay the property taxes, insurance and maintain the home in good condition.
The amount of funds available are based on a number of factors including the product you select. The proceeds available are calculated based on the youngest homeowner’s age, current interest rates and the lesser of the appraised value of your home, sales price or FHA Maximum Lending Limit. Currently the FHA Maximum Lending Limit is $625,500.
If you currently have a mortgage on your home, the proceeds from the Reverse Mortgage is used to eliminate your current mortgage, in many cases homeowner’s obtain a Reverse Mortgage for this reason alone.
A Reverse Mortgage doesn’t typically impact your Social Security or Medicare benefits, but benefits do vary state by state; be sure to consult a benefits professional.
The Reverse Mortgage becomes due and payable when the last remaining homeowner sells the property, permanently vacates the home or passes away.
Yes. With a Reverse Mortgage Purchase Loan, qualified homeowners use their loan proceeds to purchase the home. Typically for downsizing or relocating to an active adult community or moving closer to their families.