REVERSE MORTGAGE SEMINAR

URBAN ELK, RESTAURANT

Developer

2013 S Cedar St, Tacoma, WA 98405

LOCATION

PRESENTER: JEFF PICKERING

UPCOMING SEMINARS

Thursday Morning

OCT

11:00 am

Thursday Afternoon

1:00 pm

This seminar is FREE.

Each session will be about an hour with time afterwards for questions.

WHAT YOU NEED TO KNOW ABOUT "REVERSE MORTGAGES" IN 2024

If you’re worried about outliving your retirement savings or managing rising expenses on a fixed income, the best way to regain control is to explore your options.

If you’re retired and own a home, a reverse mortgage may be beneficial to you and your financial future. When done properly, it can help you convert your home equity into cash without selling your home, providing you with a steady stream of income to cover expenses like medical bills or home improvements—while allowing you to maintain ownership of your home.

We know that life changes, such as retirement, healthcare needs, and unforeseen expenses, are inevitable. A reverse mortgage can help you align your financial plans with your current needs and provide more security in your golden years.

Please join us for this complimentary informational seminar at Urban Elk Restaurant, where we will discuss how reverse mortgages can enhance your retirement strategy. Seating is limited, so sign up today!

Did you know?

Approximately 93% of reverse mortgage borrowers say the loan has had a positive effect on their lives, providing them with greater financial flexibility in retirement.
Source: National Reverse Mortgage Lenders Association (NRMLA)

Reverse Mortgages have an 83% satisfaction rating for borrowers who have a reverse mortgage loan according to a study done by Ohio State University.
Source: https://reversemortgagedaily.com/2016/03/13/study-reverse-mortgage-borrowers-report-high-satisfaction-levels/

More than 80% of reverse mortgage borrowers use the loan proceeds to pay off existing debt, making it an effective tool to reduce financial burdens during retirement.
Source: Consumer Financial Protection Bureau (CFPB)

These important topics will be addressed:

The homeowner retains title, ownership and all equity in the home.
How a reverse mortgage works?
Reverse mortgages have evolved over the years to become an excellent financial tool.
How the proceeds from a reverse may be taken, including monthly payments, a lump-sum or a line-of-credit.
Proceeds are tax-free and there is no impact on Social Security or Medicare benefits.
The equity can be used to supplement retirement, pay for unexpected expenses, travel, or other needs.