Unlock Money for the Holidays
By Jim Doyle ~
It’s November—already. Every year I’m surprised by how quickly the holiday season arrives. This time of year is filled with food, memories, and my favorite, the Christmas light displays! It can be an expensive—and certainly stressful—time if your budget is stretched due to a fixed income.
The good news is that if you are 62 or over and a homeowner, there may be a solution to all the financial stress you’re feeling: a government-insured Home Equity Conversion Mortgage (HECM). A HECM will eliminate your monthly mortgage payment forever. And if you are already mortgage-free, it can provide cash for other needs like making memories with your family. The bank never owns your home. Your heirs do not inherit debt, and you can sell at any time if you’d like. Of course, you are still responsible for property taxes and insurance. Keep your home, get cash, make memories, and leave the stress behind! The holidays remind us that it’s a wonderful life and worth enjoying while we’re here!
Contact your local Reverse Mortgage Specialist today to learn more about how a Home Equity Conversion Mortgage can increase your cash flow. An experienced lender should be able to close your HECM in about 30 days or less, giving you plenty of time to have funds to enjoy this holiday season.
Jim Doyle is the VP of Lending and a Reverse Mortgage Specialist at Silver Leaf Mortgage in Centennial, CO. 720-458-4034
JimDoyle@SilverLeafMortgage.com | NMLS# 1394377