USE A REVERSE MORTGAGE TO PURCHASE YOUR NEXT HOME

Just like a standard reverse mortgage you can access a certain portion of the home's value based on your age.  That money is used towards the purchase of the home and you bring the difference to the table.  

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benefits

  • No mortgage payment as long as you live in the home
  • Increase your buying power
  • Title of the home is in your name
  • Heirs are protected from any underwater debt
  • The older you are the more you can borrower
  • Great for downsizing, relocating, and buying a home for retirement