Colorado Reverse Mortgage Options

Have you been hearing things about Reverse Mortgages lately?

It may not be for you, but if you keep your ideas open, you may unlock some doors that could change things for you in a big way!

You’ve spent years or maybe even decades building equity in your home!  Having a way to use that resource to your advantage has been a life-changer for many retirees!

Is this option right for you?

• Are you committed to keeping your home?

• Would you like to improve your monthly budget?

• Is financial anxiety and stress something you worry about?

• Do you wish you had a way to use your largest form of savings to your advantage?

If any of these questions are things you have thought about, you may want to Request a Consultation.

There are lots of myths about Reverse Mortgages that concern many of our clients.

• Will I still own my house?

• Is this loan taxable?

• Will my children or heirs be impacted by this scenario?

• Is it difficult to qualify for?

What do you and don’t you know about Reverse Mortgages?

You can find out by Contacting Us to review your situation!

How do Denver area Reverse Mortgages work?

For homeowners 62 or over, HUD and FHA designed the Home Equity Conversion Mortgage (HECM) as a way for retirees to use the remaining equity in their home to

• Take cash out of their home in a lump sum,

• Take cash out of their home as annuitized monthly payments,

• Eliminate monthly mortgage payments forever or

• Buy a New Denver area Home with no monthly mortgage payments.

Hi, I’m Ted, and I’m a 30 year Mortgage Expert and my #1 goal is provide sound Personal Finance advice to my clients!