You’ve worked hard to build up equity in your home. Why not use that to your financial advantage? Reverse mortgage loans offer elders the opportunity to enjoy the equity they have accrued over the years with their homes. Sheryl Rohen and her team at Top Flite Financial offer reverse mortgage loans to those who qualify.
Reverse mortgage loans were designed to help older homeowners achieve financial independence and flexibility. The home loans require no monthly mortgage payments. Reverse mortgages allow the elderly to access the equity they built up in their homes over the years, deferring payments of the loan until they pass, sell, or move out. With no required mortgage payments, the interest adds to the loan balance each month.
To qualify for a reverse mortgage, either you or your spouse must be at least 62 years old with your home as your primary residence. Spouses younger than age 62 retain the protections offered by reverse mortgages if the older spouses dies.
A reverse mortgage provides a good source of income when funds have otherwise run dry. Reverse mortgages benefit the elderly by smoothing out their income and consumption patterns over time. Best of all, the reverse mortgages offered by Top Flite Financial come with extremely flexible repayment plans.
When you work with Sheryl Rohen and her team at Top Flite Financial, we take the time to walk you through your options, explain the benefits of reverse mortgages and answer any questions you might have. Our caring, knowledgeable team is dedicated to helping clients like you make the most of their financial options. Our commitment to customer satisfaction means that you can expect exceptional service every step of the way.