The Reverse Lending Network
How Reverse Lending Helps You
Your Reverse Mortgage Specialists will;
- Listen to your individual needs, assess your financial situation, and review your credit history.
- Explain to you the eligibility factors, benefits, features, options, costs, and borrower obligations associated with a Reverse
Mortgage for Purchase.
- Answer your questions so that you can determine if a Reverse Mortgage for Purchase is the right solution for you and, if so, which type fits your needs and goals.
- Prepare you for your reverse mortgage counseling session with an independent counselor.
VIDEO: Why I Love What I Do
Why not work with someone who loves his job?!
I believe the “why” behind what we do is one of the most important things about each one of us…
For me, the discovering my life purpose and my “why”, came to me while I was working with an elderly lady who was living all alone.
US States
Easy Steps
Types of Mortgages
Monthly Payments
Reverse Mortgage Process
Schedule an Appointment
Counselor will Contact You
The Counselor will Collect from You
The Counseling Session
The counselor will discuss with you your needs & circumstances; provide info about reverse mortgages and alternative sources…
Certificate of Completion
Following Up with You
Have questions? We have answers.
We love helping – retirement success
Debbie chose to do a reverse mortgage with a small line of credit of $23,000. That meant the $2000 per month house payment went away immediately. She liked her job and thought she could count on working there another 5 years. Since she only needed $400 per month to set aside for taxes and insurance now, she could maximize the catch up allowance on her 401K. That would conservatively allow the 401K balance to hit $300,000, by the time she retired. Meanwhile, at an assumed 5% average return, the $200,000 her husband left should grow to just over $268,000.
By postponing Social Security until age 70, her benefit would go up to $1886 per month as well. Lastly by age 75, the small line of credit from the reverse should likewise have grown to approximately $38,000. She planned on using this only in case of emergency and to preserve her retirement nest eggs. Smart! Be like Debbie!