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Reverse Mortgage Blog

Start writing your retirement story.

March 28, 2023

Start writing your retirement story.

We are here to help. Retirement is complex and a holistic plan is important. So why not leverage one of your largest assets, your home equity, as a strategic financial tool? A reverse mortgage puts your hard-earned equity to work so you can plan to maintain or elevate your lifestyle during retirement.?

Here are some thought starters on how you can optimize your retirement with a reverse mortgage:?

  • Pay off your current home loan and eliminate mortgage payments*?
  • Supplement your retirement income with tax-free funds**?
  • Avoid cashing out stocks and other investments in down markets?.
  • Pay for medical or long-term care needs?.
  • Pay for major home improvements?.
  • Purchase a more suitable home with no monthly mortgage payments*?
  • Establish a line of credit that you can access as needed?.
  • Start a new business?.
  • Fulfill your travel dreams?.

?Let us have a conversation about your retirement goals!?

Bill Krone Reverse Mortgage Specialists NMLS 199750 | AZ MLO 0913066/1640.  S. Stapley Drive, Suite 221Mesa, AZ 85204. Bill: 602-790-4309 AZreversemortgageteam@wvmb.com https://arizonareversemortgagegroup.com

Notice

This material is not from HUD or FHA and has not been approved by HUD or any government agency.?

*The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance.  The borrower must maintain the home. If the borrower does not meet these loan obligations, then the loan will need to be repaid.?

**Not tax advice. Please consult a tax professional.?

This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Must be primary residence, loan becomes due and payable upon last borrower leaves the home. To keep loan in good standing Borrowers must stay current on property taxes, insurance, maintenance, HOA dues if applicable. AZ BK0018295 | Wallick & Volk, Inc. NMLS #2973.

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LeaderOne
Our blog provides information and education for homeowners and professionals We encourage comments, questions responses to our blog articles.
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Our blog provides information and education for homeowners and professionals We encourage comments, questions responses to our blog articles.
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