There is nothing quite like traveling across the country in an RV. For many seniors, the activity has long been on their “bucket list,” as there is never a better time to explore all that the United States – and possibly even Canada, Mexico, or wherever the road takes you.
I help seniors to finance their retirement dreams; aging in place or 'rightsizing' by using their available assets and home equity to live more comfortably. This mortgage allows borrowers to remain in their home without a principle & interest payment. As with any mortgage borrowers are responsible for maintaining the property, paying their property taxes, homeowner insurance and any association dues.
If you want to stay in your current home without a mortgage payment or if you want to relocate by using a Reverse for Purchase, I can help you through the process. A Reverse Mortgage could be your financial back up plan. Maybe you are just curious and want to know more. I enjoy educating my clients on the benefits of this FHA insured loan and I make house calls.
Your FICO credit score plays a key role in your ability to apply for a low interest mortgage. The higher your credit score, the more lenders are able to offer you a competitive rate on your loan. For those who are looking at buying a new home, it’s important to prioritize fixing your credit score in order to ensure that you receive the best rate possible.
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