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Скачать или смотреть 5 Questions You NEED to Ask Yourself before You Do a Reverse Mortgage

  • The Mortgage Brothers – Arizona Home Loan Experts
  • 2022-07-28
  • 177
5 Questions You NEED to Ask Yourself before You Do a Reverse Mortgage
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Reverse Mortgage and 5 Important Questions To Ask Yourself to determine if a reverse mortgage could benefit you.

Question #1 - Do you love your home? A homeowner who is a good candidate for a reverse mortgage should “LOVE” their home. There is sentimental value with a long established deep emotional connection to their home. Their home gives them comfort and security.

Question # 2. Is the home suitable for You? Example, is it a two story home with high maintenance?

Question #3. Is your income fixed and is it enough to sustain your quality of life on a monthly basis? Example, are you only receiving social security income? Do you receive a small pension and need more income to make ends meet? Do you work a part-time job to make ends meet?

Question # 4. Do you Need Cash? Example, is there a large expense that you are expecting to come up soon? Do you need to make a home or car repair? Are you planning a vacation and looking for more funds?

Question # 5. Is there economic uncertainty in the market? This is a commonly a subjective feeling. Based on the economic situation of our global, national, and local economy, do you feel that there is a lot of concern over the future? Do you feel that home values could go down and would it affect your financial status?

Thanks for listening and reading the Mortgage Brothers Show. If you would like to contact us;

📞 Call us at 480-565-7843
💥 rates
💥 Visit us online at https://www.azmortgagebrothers.com/

Ask us for a free quote on your next mortgage in Arizona. We’ll personally work with you and help you through the whole process.

Source materials in the presentation have been taken from county records, Redfin, Zillow, Freddie Mac, and the Economic Research at The Federal Reserve Bank of St. Louis. Signature Home Loans LLC does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only.

You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Signature Home Loans 1599 E Orangewood Ave Ste 200 Phoenix, AZ 85020. NMLS 1007154, NMLS 210917, and 1618695.

Equal Housing Opportunity

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