Reverse Mortgage Planning For Retirement.
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What is a reverse mortgage?
Home Equity Conversion Loans, also known as “Reverse Mortgages”, are loans designed to assist seniors aged 62 or older tap into the equity they’ve built in their homes. Whether you need money for retirement, medical bills, or simply wish to delay Social Security, a Reverse Mortgage can be a valuable part of your overall retirement strategy.
Frequently Asked Questions:
Eligibility and program requirements
What are the minimum qualifications for a Reverse Mortgage?
How do I get the money from a HECM Reverse Mortgage loan disbursed?
How can the money from a HECM Reverse Mortgage received be used?
Can I ever owe more on the loan balance than the appraised value of my home in a HECM Reverse Mortgage?
What if the value of my home exceeds the balance due on my HECM Reverse Mortgage loan at the time of repayment?
When does the loan need to be repaid?
Why Live Well is Different
At Live Well Financial, we’re here to listen. We start with a discusion and take the time to learn about your individual needs and circumstances. Doing what’s right matters, and that’s what we’re all about.
Let’s Get Started Today
At Live Well Financial, our main focus is helping our customers. We realize that there is a good way of doing business, that involves transparency, honesty, and treating individuals the way we would want to be treated ourselves.