"Discover the Benefits of Reverse Mortgages with CRMP Angella Conrard - Request a Proposal Today in Las Cruces, New Mexico!"
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
A reverse mortgage is a loan available to people aged 62 and over, allowing them to access the equity in their home without selling or making monthly payments. In a reverse mortgage loan, borrowers receive tax-free funds from their lender based on the equity in their home. The funds from a reverse mortgage loan can be used for any purpose, including supplementing retirement income or covering living expenses.
Borrowers don’t need to make payments on the loan as long as they continue living in their home and keep up with property taxes and insurance costs. However, when the borrower moves out of the home or passes away, the loan must be repaid with interest by selling the property or taking money from another source. Considering a reverse mortgage within your overall retirement plan is important since it is a long-term loan option.
Retirees in Las Cruces, New Mexico, are able to enjoy their golden years with a well-thought-out retirement plan. Thanks to abundant outdoor activities, cultural attractions, and beautiful landscapes, retirees in Las Cruces can find plenty of ways to stay engaged and active. With some planning and preparation, they can also ensure that their retirement income is sufficient to cover their daily expenses.
Various resources from the city's public library and senior centers can help retirees create a retirement plan that fits their lifestyle and budget. Financial advisors can provide personalized guidance about Social Security benefits, investment strategies, managing debt, health insurance options, and more. Additionally, reverse mortgages may be an option for some seniors who want financial security but do not want to sell their homes or take on monthly payments. Retirement planning should include enough money saved up for unexpected medical costs or unanticipated home repairs. By taking the time to assess all of these factors, retirees in Las Cruces can live comfortably in the Land of Enchantment.
Retirees in Las Cruces, New Mexico: Ready to explore your options for a secure retirement? Get the accurate information and advice you need with a free information package courtesy of Angella Conrard, a Certified Reverse Mortgage Professional. Call today for personalized guidance about reverse mortgages and your overall retirement plan!
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