One Day You May Need One Of These Loans...

Good Morning!



Did you know we do Reverse Mortgages?



I wanted to address the two most common

questions that I get regarding reverse mortgages...



1) Question: What happens if I die? Will the lender be taking my house?



a. No. After you pass away, your heirs may pay the loan balance in full with cash or by refinancing the debt and they can keep your home.



2) Question: What happens if the loan balance becomes greater than the value of my home?



a. No matter how large the loan balance becomes, you have the right to continue to live in the house. The lender cannot take over your home as long as it is your principal residence. Besides, you will NEVER owe the lender more than the value of your home. HUD will pay the shortage for you, if there is any.





Also, I wanted to share with you some pictures I took of a nice gift basket I received from one of my clients recently...















Thank you Julia and Jeffrey!

Have a good day today!

Thanks for reading.

Brett