Reverse Mortgage for Purchase Unites Family. Lenore grew tired of traveling to see Sophie. Saying good-bye was just too sad. It was Lenore’s son-in-law who broached the idea of her moving nearby.
Lenore’s daughter helped put her mind at ease by recommending Lenore use a Reverse Mortgage to purchase her new home by accessing the equity from her far away home.
By using a Home Equity Conversion Mortgage (HECM aka Reverse Mortgage) for Purchase Lenore experienced greater buying power and:
- Discovered Zero Mortgage Payment Joy*
- Can pay-off medical expenses
- Helps with Sophie’s college fund.
- Is able to access cash down the road.
Call me today … learn more about the benefits of a reverse mortgage for you or your loved ones.
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.
Scenarios described represent case studies, relate opportunities and protect client identity, therefore, specific likenesses and names are fictional.