Ages 55-61
Real Estate May Be The Answer
Financially Secure Retirement
If you are 62 or older and have equity in your home, a reverse mortgage offers a way to convert some equity into cash. The Your best earning years may be 52 to 61 or even 65. Having real
estate, either commercial or residential, could add to your income in
your retirement years. Ask our staff about your options for obtaining
real estate for your retirement years. There are many investment
mortgage programs that may be right for you now or the immediate
future.
Start working now toward obtaining a reverse mortgage when you
retire to eliminate your monthly home mortgage payments. Reducing
your mortgage balance on your primary home can be as easy as
refinancing to a 15 year mortgage. The reverse mortgage can be a line
of credit that will allow you to access to any equity you have built up
plus your value increase in your real estate properties. The line of
credit that is available to draw has a growth equity that you can draw
on without touching the principal limit. Ask our staff about how a
reverse mortgage may work for you when you reach age 62.
Staff Contact Info:
Email:
WHA.US@gulftel.com
Phone:
251-980-2075
Fax: 251-980-2074