Zoom Reverse Mortgage – Everyone reaches a point in their life where they have to look ahead and plan accordingly. One of the most important aspects that you need to be sure of is your finances. As the year progresses, a solid retirement plan should be at the top of your priority list. Although this may not start until your mid-60s, it is recommended that you start saving after the age of 40! If you’ve found yourself in a situation where your hard-earned cash still doesn’t add up to the total amount you need, our experts can help. We offer reverse mortgage loan options that are sure to allow you to budget accordingly.
If you’ve never heard of a reverse mortgage, don’t worry. Many people apply to our company without realizing that this could be an opportunity for them to make huge profits. At , we are dedicated to providing our loyal customers with the critical information they need to make informed, well-thought-out decisions. it can open up many options for you and your family, especially if you are currently short of funds. With a few simple steps, our experts can get you started right away.
Zoom Reverse Mortgage
Reverse mortgage loans are offered to homeowners over the age of 62. Basically, it’s a process that allows these particular owners to convert parts of their capital (the value of their shares) and liquidate it into real money. The best part is that it can be done without giving up ownership of your home or property. This practice is often used to help retirees struggling with limited income to save money on their homes. It’s a fantastic way to ease the pressure on monthly expenses and essentials, or even save up to plan your next holiday.
Is A Reverse Mortgage Right For You?
The reason this loan is known as a “reverse mortgage” is that instead of making monthly payments to the lender for your home (many people fall victim to), the lender sends the payments directly to the borrower and homeowner. Only when the house is sold or completely vacated does the borrower have to repay this loan, provided he lives in the house. Homeowners insurance, homeowner associations and property taxes need to be updated, but reverse mortgages are a viable option for more than 1 million US households. This is the easiest way to top up your retirement savings while still using your existing home.
If this sounds like the best option for you or someone you know, we encourage you to visit our website for more information. Offers a variety of loans to provide financial assistance to individuals who would otherwise be turned down by a loan company due to bad credit history, low credit scores, or previous bankruptcy.
In , we have some of the highest approval rates around, and we are confident that we have the solution that you are looking for. Talk to one of our agents today about our reverse mortgage options and get one step closer to securing the financing you need. Call us today at 1-866-914-ZOOM or click here to apply online now!
Apply for a Loan Student Budgeting Advice Budgeting Advice Commercial Lenders Commercial Loans for Investors Commercial Loans for Investors Commercial Mortgages Commercial Real Estate Home Loans Financial Advice Financial Literacy Hard Money Home Loans Hard Money Lenders Florida Hard Hard Money Hard Money Loans Hard Money Loans Hard Money Loans Hard Money Loans Hard Money Loans Hard Loan Loans Bad Loan Loans Loan Loans Loan Loans Loan Companies Loan Approval Process Private Mortgage Loans Commercial Real Estate Lenders Private Lenders Private Lenders Lova Loans Private Loans Private Money Real Estate Private Loans Loans Private Loans Loans Loans Fast Approval Loans Real Estate Real Estate Consulting Real Estate Investing Reverse Mortgages Mortgages Top Lenders This class is taught by Steve Resch, CLTC; Vice President of Retirement Strategies at FAR; Investment advisor and partner in a property management company.
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A new way to pay taxes incurred during a Roth conversion is to use the equity in a reverse mortgage. This provides liquidity that would otherwise not be available to reallocate a portion of your net worth to income tax-free status, creating tax and cash flow flexibility and potentially greater net worth over time.
We will go over this topic, the benefits of this strategy and even note when it is a good solution!
Additionally, we delve deeper into several scenarios that helped us draw these clear conclusions. You won’t want to miss this comprehensive review of this strategy.
For a free copy of Wade Faw, Ph.D., CFA 2nd Edition: RESERVE MORTGAGE SERIES – How to Use a Reverse Mortgage to Secure Your Retirement.
Reverse Mortgage Information Images, Stock Photos & Vectors
Many financial advisors understand that a reverse mortgage is not a panacea or the only way to ensure that their clients have enough retirement savings and investments to fund their living needs, but for retirees or soon-to-be retirees, a reverse mortgage can be. suitable and useful..
There are many ways that a HECM (Home Equity Conversion Mortgage) or reverse mortgage can be used as a powerful tool to benefit customers. If used strategically, your clients can even see their existing funds grow through a reverse home equity line of credit. (LOC)
Accessing equity in their homes can help eligible clients hold on to their current investment portfolios longer, delay Social Security withdrawals, and allow your clients to free up cash to invest in other investments in their portfolio.
By using a reverse mortgage as a financial planning tool, your clients can allow their investment portfolio to remain intact and allow it to gain value or avoid selling the investment at a loss. Especially during a market downturn, when stocks and other investments take a hit, a reverse mortgage should be a strategy. In fact, research has shown that a reverse mortgage line of credit is a powerful tool that can help reduce income risk for retirees who have invested their assets for retirement. **
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If a client is delaying the sale of retirement investments or using reverse mortgage funds for other purposes, leverage can ultimately provide a successful financial option for retirement.
This is just the beginning of the many ways your clients can use or need to supplement their retirement income.
A reverse mortgage isn’t a complete retirement fix, but reputable researchers have shown that homeowners age 62 and older can benefit from using a reverse mortgage as part of their retirement strategy.
Whether you’re looking to add new wealth management clients or simply upgrade your existing client’s financial plans – with regulations and eligibility criteria to adhere to, it’s important to have a toolbox full of resources to help you determine which of your clients are the best. to be . from refinancing a reverse mortgage or buying a reverse mortgage.
The Reverse Mortgage Group In Pleasant Hill, Ca
Please contact me directly at 503.806.1620 or [email protected] to assist your clients in the new reverse mortgage selection process.
Play Webinar with Stephen J. Resch, CLTC, Vice President of Retirement Strategies at American Reverse Finance; Reverse Mortgage Conversion —- Reverse Roth Mortgage Conversion
The company’s name, Guaranteed Rate, should not imply to the consumer that Guaranteed Rate guarantees the interest rate before the interest rate is locked nmlsconsumeraccess.org
Tony Mewers NMLS ID: 7729; WA – MLO-7729, AZ – 1034885, CA – CA-DBO7729, FL – LO83952, OR – The US Department of Housing and Urban Development (HUD) requires owner(s) to qualify for a Home Equity Conversion Mortgage (HECM) ) are interested. to obtain mandatory advice on consequences and alternatives from an approved HECM counseling agency.
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We are required by HUD regulations to provide you with a list of counseling agencies. The list should include five (5) nationwide companies in accordance with HUD guidelines for home equity conversion mortgages, several counseling agencies that are most relevant to you locally (some borrowers have multiple companies located nearby, while others may, if they want to get their advice in person, not over the phone) and then we can include some other companies that can give advice over the phone, so their physical location doesn’t matter because they have toll-free phone numbers have for borrowers to call them. .
Best Counseling Agencies Next Counseling Agency HECM Availability Price JUMBO Phone Price QuickCert, Inc. Website 24-48 hours. $125 $125888-383-8885 Web DebtHelper.com1 Week $145 $145800-920-2262 Web Sites Home Smart Money1 Week $125 $150800-403-3807 Web Credit Cambridge
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