Monday, January 18, 2016

REVERSE MORTGAGE / DEBT FREE RETIREMENT

Do you have a Parent who is in retirement but has a mortgage and credit card debt ?

How many Senior's are reaching Retirement and discovering that their Bank Savings' and 401k"s and Social Security are not enough?  

Solution:

Pay off your Mortgage
Pay off your Credit Cards

Never Have Another Mortgage Payment !  Have a debt free Retirement !!

How ?

A Government Insured Reverse Mortgage !  Homeowner needs to be 62 years or older.

For Example:  I had a client who had a $ 1500 / month mortgage and $ 500 / mo credit card payments.  

Solution:  I refinanced his home and paid off the mortgage and the credit cards.  The client also had enough equity to allow a $50,000 credit line.  The credit line had a growth rate of 4.7 %.

So, 10 year Net Benefit  $320,000

Call Kirk
713-922-8435

Reverse Mortgage Expert
Real Estate Broker
Mortgage Originator