Is It Right For You? 
 

Based on years of reverse mortgage borrowers, and their experiences, the following are typical situations that have been resolved by the use of a reverse mortgage. As you read this, see if you identify with any of these situations. If so, a reverse mortgage maybe your answer also..
 
A single (widowed) woman, age 72. Her deceased husband now gone 2 years. He was her everything, he took care of her and she took care of him. She cooked, cleaned and raised the kids while he worked and took care of all the bills. Since his passing she's done the best she could.  Unfortunately they were on that fixed income and now with less income from social security, things are tight..  The bills are the same but with less income.  She called us: now she has enough income and a lot less stress in her life. - Problem Solved
 
A married couple in their mid 60s, wishing they could retire.   Both of them have worked feverishly while raising 3 children  and putting them through college. It’s true that over the  years the equity in their home increased dramatically,  but so did the cost of education. Their question is when and how can they retire, the value of the home is $250,000 with an outstanding balance of $90,000. The reverse mortgage eliminated their monthly mortgage payment. Retirement won’t have to wait..
 
 
Children of a senior couple, trying desperately to pay for a home health care giver expense. The challenge was for everyone to get on the same page.  Some of the children were financially set and others were struggling with their own family expenses. Some of the children were able to contribute to the parents expenses and some could not, creating conflict. The parents resolved to let the home pay for the health care and therefore eliminate conflict between the siblings.
 
 
The reverse mortgage may not be an answer to all problems, it can answer some of basic needs of many seniors today, from home repair, the replacement of an old car, to the vacation never taken.
 
  You’ve paid for years on your home, now let you home pay you!!

Please call us if we can be any assistance.
 
 
Call Now (630) 440-5187 or (773) 423-7578