Safe Equity Solutions FoR Senior Home Owners and Buyers
Supplemental Income
No Monthly Mortgage Payments
No Monthly Mortgage Payments
A reverse mortgage allows homeowners to tap into the equity of their homes, providing them with a steady stream of income or interest bearing Line of Credit without needing to sell their property.
No Monthly Mortgage Payments
No Monthly Mortgage Payments
No Monthly Mortgage Payments
Unlike traditional mortgages, reverse mortgages typically do not require monthly mortgage payments. Instead, the loan balance accumulates over time and is repaid when the borrower moves out of the home or passes away.
Stay in Your Home
No Monthly Mortgage Payments
No Repayment Until You Move
Seniors can continue to live in their homes as long as they meet the loan requirements, such as maintaining the property and paying property taxes and insurance.
No Repayment Until You Move
No Repayment Until You Move
No Repayment Until You Move
Repayment of the loan is typically deferred until the borrower moves out of the home, either by selling it or passing away. This can provide peace of mind for seniors who wish to age in place.
Non-Recourse Loan
No Repayment Until You Move
Non-Recourse Loan
Reverse mortgages are non-recourse loans, which means that the borrower (or their heirs) will not owe more than the home is worth at the time of repayment, even if the loan balance exceeds the home's value.
Tax-Free Proceeds
No Repayment Until You Move
Non-Recourse Loan
The proceeds from a reverse mortgage are generally not considered taxable income, providing a tax-efficient way to access home equity. Use the cash for anything your want or need, from travel to medical expenses to buying a rental property for cash flow and an appreciating asset to pass on to your heirs - it’s your equity - it’s your money!
Meet Kenn Bartley
Kenn has been in the mortgage industry since 1992 and has helped thousands for families with their mortgage financing. Now that Kenn is a "seasoned citizen" he is dedicated to helping guide seniors in the right direction when exploring Reverse Mortgage options (aka HECM), and is most proud of advising more seniors to NOT take out a HECM more than advising them to move forward.
"I'm not in this to make a sale. I understand the ramifications. Seniors equity is often all they have, but they can't spend it for life's goals, wants and needs. I know when to say do not do this. I also know when to insist to do this now!"