Not Your Mother’s Reverse Mortgage…

Posted on

Sep 09, 2018

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The reverse mortgage of today is NOT your mothers reverse mortgage.
This once shamedprogram is helping seniors from many walks of life fill retirement gaps, providing protection and stability through their golden years.

Through the use of an FHA insuredreverse mortgage, homeowners are able to tap into the equity in their homes without being required to make a monthly mortgage. Thats right a reverse mortgage CANprovide Colorados seniors with cash flow for life as long as they continue to live in the home and keep their property taxes, homeowners insurance, and HOA fees up to date. The funds can be used for whatever the borrower deems fit additional income, medical expenses, vacations, home repairs, gifts, and more.

Reverse mortgages are available to homeowners 62 and over, and aReverse Mortgage for Purchaseoption is available for those looking to purchase a new residence.

Editors Note: This article was submitted by Jan Jordan, Reverse Mortgage Loan Officer, ?NMLS 543249. Jan works for Retirement Funding Solutions, NMLS 1025894 and may be reached at 970-646-8908 or by email at: jjordan@rfslends.com



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