Looking for the best reverse mortgage deals in Austin, Texas? You're in the right place. Contact Angella Conrard, CRMP
Angella Conrard, CRMP
Reverse Mortgage Advisor
NMLS #139966 | AZ: LO-1041735 | CA DRE #01422602
FL #LO82861 | WA #MLO139966
CO #100522498 | OR #139966
ID #MLO-2080139966 | TX #139966 | NM #2130474
(949) 439-7030
Get the Security and Freedom of a Reverse Mortgage in Austin, Texas
With the high cost of living in Austin, Texas, retirees often have limited financial resources. A reverse mortgage can give seniors a more secure and comfortable financial outlook. This type of loan allows qualifying homeowners to access funds from their home’s equity while they continue to live in their homes. The funds can be used for day-to-day expenses such as medical bills or other costs associated with retirement. The two types of reverse mortgages are HECM (Home Equity Conversion Mortgage) and Proprietary Reverse Mortgages. With a HECM loan, borrowers must qualify based on several factors, including age and financial health. With a Proprietary Loan, borrowers must meet specific criteria to qualify, which is generally more lenient than qualifying for a HECM loan. Qualifying homeowners may also have access to other types of options, such as lump sum, monthly, or tenure payments, and line-of-credit plans. By leveraging the equity you’ve already accumulated in your home, you may be able to improve your financial security during retirement by having access to additional funds when needed. For more information about reverse mortgages in Austin, Texas, Contact Angella Conrard – Certified Reverse Mortgage Professional – for honest, sales-free advice about how a reverse mortgage could benefit you during retirement.
Experience the Beauty and Excitement of Austin, Texas
Austin, Texas, is a bustling city known for its unique culture and progressive values. It is home to the University of Texas, numerous restaurants with worldwide cuisine, and a thriving music scene. The city is constantly growing and changing, with new businesses opening daily. Austin has mild winters and incredibly hot summers, making it a great place to visit year-round. With an ever-growing population of young people, Austin is becoming known as one of the most vibrant cities in America. This makes it an ideal destination for retirees who want to stay active and engaged while having access to plenty of entertainment options.
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