Retiring in Colorado Springs? Get Comprehensive, Honest Reverse Mortgage Information to Make Your Money Last Longer
Reverse Mortgage Advisor
NMLS #139966 | DRE #01422602
FL #LO82861 | WA #MLO139966
CO #100522498 | OR #139966
ID #MLO-2080139966 | TX #139966 | NM #2130474
Are you retiring soon and planning to make Colorado Springs your home? Congratulations! With its beautiful scenery, outdoor activities, and great quality of life, it's a wonderful choice.
You may also be concerned about how to stretch your retirement money further. If that's the case, a reverse mortgage can give you the information you need to make informed decisions. Here is what you should know:
What Is a Reverse Mortgage?
A reverse mortgage is a loan secured by your home where the lender charges minimal upfront costs. The loan does not require monthly payments, and the interest rates for this type are usually much lower than other debt options like credit cards or personal loans. A reverse mortgage allows those age 62 or older to access their home equity to use it for any desired purpose, such as paying off debt, covering medical costs, or supplementing income during retirement.
How Do I Know if Reverse Mortgages Are Right for Me?
It is essential to understand that reverse mortgages are not suitable for everyone - but they can be beneficial in certain situations. Your unique financial situation will determine whether reverse mortgages are suitable for you. It is essential to speak with an experienced financial professional who can provide honest and comprehensive information on the risks and benefits of reverse mortgages so you can make an informed decision that best suits your needs.
Where Can I Find Knowledgeable Help in Colorado Springs?
If you're looking for knowledgeable help related to reverse mortgages in Colorado Springs, trust Angella Conrard, Certified Reverse Mortgage Professional. We have been providing honest advice on financial planning since 2006. She is a certified professional with over a decade of experience helping retirees like yourself attain comprehensive, honest reverse mortgage information tailored to their needs.
We offer free consultations and resources online to help answer any questions you may have — from understanding how a reverse mortgage works to learning more about how our services could benefit your current financial situation — we’ll help ensure you find the best way forward.
Contact her today at 949-439-7030 and start getting closer to achieving your financial goals!
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