What do you do when a client 62 or older comes along that has a lack of funds and/or is not qualifying for financing? You refer them to a Reverse Mortgage Answers!
Why Should Your Business Network With Reverse Mortgage Answers?
Higher Turnover Rates An Alternative Solution Referral Swaps
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Common Industries We Work With
With over 20 years of Reverse Mortgage experience, we have personally helped clients use this program to:
- Purchase a more suitable home.
- Buy a second home.
- Give gifts to their kids or grandchildren so they can get into a home.
- Fix up their home before selling so they can get a better price.
- In today’s busy and competitive market, this product can give you the edge you need to sell
more homes.
Did you know that a Reverse Mortgage can be a great way to help finance your potential clients age 62 and older for all their home improvement needs? This product has:
- No Monthly Payments
- Easy Qualification
- Perfect for small and large jobs
The overriding objective for many retirees is to maintain cash flow throughout their retirement years. They want to avoid “running out of money” in the future. The conventional wisdom holds that home equity drawn upon in the form of a Reverse Mortgage should be used as a last resort or never used at all. However, did you know:
- Recent legislation has reduced the costs associated with the Reverse Mortgage.
- Money left in the Line of Credit grows giving you access to more money in the future. At the end of each year, the investment performance is determined. If it is positive you can pull from the account. If it is negative, you can draw from the Reverse Line of Credit.
