Eliminate your mortgage payment, turn your equity into retirement income or savings, and life at the home you love for the rest of your life. Are you (or your family member) 60+ years of age with equity in your home? If so, a reverse mortgage could be the answer! Imagine having more money every month to do the things you've always wanted.
There are many companies that offer reverse mortgages. C2 Reverse Mortgage is a national company that provides local, expert loan officers that live and work near you. Kathy Blond takes a family-oriented view of business and loves meeting with other families to discuss their needs. Kathy brings the experience and energy that makes the whole process smooth and easy for you.
There are many companies that offer reverse mortgages. C2 Reverse Mortgage is a national company that provides local, expert loan officers that live and work near you. Kathy Blond takes a family-oriented view of business and loves meeting with other families to discuss their needs. Kathy brings the experience and energy that makes the whole process smooth and easy for you.
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2. Be contacted about a mortgage at my phone number even if my phone number appears on a State or National Do Not Call Registry, or any other Do Not Contact List. This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA).
Reverse Mortgage Calculator provided by Kathy Blond. The calculator below provides an estimate of what you could receive. This calculator does not approve you for a loan and is not an offer to make a loan to you. The estimates are based on the average current interest rate for a Home Equity Conversion Mortgage.
A Home Equity Conversion Mortgage (HECM) is the formal name of the federally-administered loan that many commonly refer to as the 'reverse mortgage' loan. The Home Equity Conversion Mortgage is administered by H.U.D. (The Department of Housing & Urban Development) and may help qualified homeowners 62 and older enhance their cash flow during retirement.
Do I have the financial resources to help my parents with their medical and living expenses?. What are my parents' wishes as to staying home if medical care is needed for an extended time? Will Mom and Dad use up my inheritance? While tapping into their home's value, your parents' home may appreciate in value, which could allow for some equity to be left at the end of the loan, but not always.
A reverse mortgage loan is not for everyone. We can provide detailed loan scenarios to you (with your client's permission) to help reach a decision that is aligned with the interest of all parties. We are upfront with all our clients about the advantages and disadvantages of a reverse mortgage. Proceeds received from a reverse mortgage typically do not affect Social Security or Medicare.
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