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Fresno Question: Will a Reverse Mortgage Free Up Money For Travel?

By
Mortgage and Lending with San Diego County and Central Valley NMLS:1172220

Traveling is such a fun thing to do. Traveling in an RV across the beautiful United States of American is a wonderful experience that far too few people get to experience.  Many people across the country plan cross-country trips stopping to visit monuments and mountains throughout this beautiful territory knows as the United States of America.  However, not so many people as planned it actually get to take that trip.

A couple years ago, my own parents were getting ready to retire. One of their dreams was to travel from sea to shining sea.  It was a beautiful spring day when my sister and I met our parents at their home and we went motorhome shopping.  How fun that was! So many options to choose from. Do you want gas or diesel? How about a Class A or C? Do you want slide-outs? Do you want a table with a benches or a table with chairs? Do you want a bed above the driver’s seat? One or two bathrooms? And the list went on. They all smelled new and clean.

Reverse Mortgage RV

My parents, my sister, and myself right after my parents purchased this beauty!

The next step was to see if they would be comfortable driving it. Both my mom and dad drove a big 36 foot rig in the parking lot. That is all it took to declare that “This is Easy!!”

Last step was negotiating… Uh oh, these things were expensive! Where do you pull the money from? Do you pay cash? Do you set up a loan? Do you pull equity from your home? Do you take money from your retirement? After all, this is your retirement, you should enjoy it!

So many people stop right here because they do not realize that a Reverse Mortgage is even an option.

The proceeds from a Reverse Mortgage can allow a senior to travel in their retirement. Purchasing a beautiful coach with the Reverse Mortgage money might be a good option.

TO FIND OUT IF YOU QUALIFY FOR A REVERSE MORTGAGE AND TO GET a quote call jennifer provencio at 559-994-3692.

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For more information on a Reverse Mortgage please feel free to contact me directly. I look forward to hearing from you!

Jennifer Provencio

559-994-3692

800-779-1851

jenpro@me.com

Jeff Jensen
The Federal Savings Bank/Lending in 50 states - Greenwich, CT

If you choose to tap your equity line the city of lights could certainly be in your future.

May 15, 2015 07:35 AM
Jennifer Provencio
San Diego County and Central Valley - Oceanside, CA
The Reverse Mortgage Speciailist

Jeff, this is true! While I do not advocate spending money foolishly, I do believe that if a senior has worked hard their entire life and wants to travel and enjoy life a little in their golden years, then they should definitely do it! Thanks for the comment!

May 15, 2015 07:41 AM