- Name
- Ted Butler
- Company
- Ted Butler
- E-mail
- Contact Ted Butler (Ted Butler)
- Website
- http://seniorhomeadvisor.net
- Office Phone
- (866) 665-5497
- Cell Phone
- (425) 891-6644
- Alt. Phone
- (425) 889-8989
- Fax
- (425) 889-8982
- Address
- 10608 SE 4th St, Bellevue, WA, 98004
- Description
- Seasoned Senior Home Advisor shares information about senior reverse mortgage programs including the fha hecm reverse mortgage loan
Hello from Ted Butler
I'm a Senior Home Advisor with the largest independent provider of Goverment Reverse Mortgage's in the Northwest. Also know as the FHA HECM (Home Equity Conversion Mortgage).Stay In Home Mortgage, Inc. is ranked #12
After 8 years working in the fields of Insurance, Financial Planning and conventional home loans, I found a passion for helping seniors understanding government FHA programs designed to help them keep their homes.
I made the choice to pursue my passion of educating senior home owners in understanding new reverse mortgage and Federal Housing Administration programs.
There is a new message to be shared today that is changing lives offering a blanket of security to those it is designed to assist. My efforts are focused solely upon this task.
I have found one tool that provides the most immediate and profound effect on the quality of life for a portion of our society that is being severely challenged by the rapidly changing world we find ourselves in.
My mission is one dedicated to service to a group of people in understanding why so many other senior homeowners are taking advantage of new FHA government and senior reverse mortgage programs.
My office is located in Bellevue, Washington, and you are invited to stop by anytime if you have questions about senior reverse mortgage loans. I love traveling to meet my clients in the greater Seattle area, and do a large portion of my business in California, Oregon, Arizona, New Mexico, and Colorado
Washington License 510-LO-38120
Financial Independence in Retirement
SENIOR REVERSE MORTGAGES DO HELP aging Americans achieve better financial security
Everyone wants to enjoy their retirement years. Imagine if your parents have the income they need to remain living comfortable in their home, and at the same time make necessary repairs, afford quality home health care or even travel with family or friends. Last year, nearly 100,000 senior homeowners have done that thanks to the reverse mortgage, a unique financial product that can give older folks, aged 62 and over, the freedom and peace of mind to completely enjoy their retirement. If you are a senior citizen in the United States, then YOU deserve to know about your benefits with FHA HECM senior reverse mortgage programs.
Your folks have been putting money into their home for a long time. House values have increased in recent years. The result is that your folks are sitting on a nest egg that could spell the difference between a good retirement and a challenging one.
With a reverse mortgage, senior citizens can receive a portion of their home value in monthly payments or in a line of credit. They are able to use the equity they have built up at the time they need it most. If they have an existing mortgage that is draining their finances, a reverse mortgage may pay off that mortgage. There are no income or credit qualifications.
As thier relative and loved one, you gain the peace of mind knowing your folks are able to take care of themselves and not be living in a financial nightmare. They are using their own money and not increasing thier monthly expenses. They maintain their dignity and independence. Best of all, they retain title and remain keep their own home as long as they live there.
Testimonials
Federal Housing Administration Modernization Bill Brings sweeping Improvements to Reverse
With the signing into law of the the "Housing and Economic Recovery Act of 2008" we will see the FHA County Lending Limits increase to $417,000.00 across the country. This will bring an estimated 2 million additional qualified Senior Homeowners access to the program. Combined with a cap on Origination Fees, the FHA HECM for home purchase and the approval of condo/coops we will see a continued acceptance of this program.
Americans are living longer, healthier lives. Reaching retirement age no longer necessarily means growing weak and ill. Financial security can be a large part of the solution that can help ensure a higher quality of life for our parents and for us. A reverse mortgage can help your parents live independent in their golden years, and balance their needs and desires with your own.
Living in their own home is of paramount importance to most senior citizens. For your own peace of mind and for the well-being of your parents, it’s important to plan for the future by discussing the kind of help they may need and want to be comfortable in their homes. It may seem awkward to inquire about a parent’s finances, and it is important to know if they can afford to eat, pay bills or take advantage of the finer things in life like traveling and playing bridge.
Allow your parents to make choices and resist the temptation to push issues unless their health or safety is in jeopardy. Show understanding by focusing on your parents’ needs, wants, and worries about their current and future living situation. Compare the costs and benefits of remaining in their home with that of a retirement community or home.
While the FHA HECM is the most common reverse mortgage program today, there are over a dozen other programs that your parents can consider.
