Does this scenario haunt you?
Maybe you’ve helped a couple like Steve and Alyssa find the perfect family home, then overlooked helping Steve’s parents in their quest to move nearby.
You may have handed two additional real estate transactions to another agent.
Steve’s baby boomer folks have tremendous equity in their existing home, but are concerned about whether they’ve saved enough for retirement. They also represent 25% of the residential real estate market. So, are you prepared to help this special sector of the market feel confident about making a move to be near loved ones?
If you’re able to share with seniors 62+ how to use their hard earned equity through the use of a Reverse Mortgage for Purchase, you’ll be able to help them gain:
- Greater Purchasing Power
- Peace of mind knowing you cash out flow is less
- Zero Mortgage Payment Joy *
- Funds for medical expenses, home improvement or other bills
You’ll be able to show your understanding of the needs of seniors. And that’s good for clients … and your business.
Call me today to learn more about Reverse Mortgage for Purchase.
Richard Woodward, NMLS 217454
Your Local, Direct, 5 Star Rated Mortgage Lender, Specialty Lending Manager
Office: (214) 945-1066
Service First Mortgage NMLS 166487 6800 Weiskopf Ave #200, McKinney, TX 75070
Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice. The views expressed on this site are those of the individual author and do not necessarily reflect the positions, strategies or opinions of Service First Mortgage or its affiliates.
* No more monthly mortgage payments. Borrowers must maintain the property and remain current on property taxes, homeowner’s insurance and applicable HOA dues.