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Many seniors feel forced to sell the home they love to solve financial shortfalls in retirement.
DON’T!
If you are 62 years old and have more than half the equity in your home, you could qualify for a reverse mortgage.
What is a Reverse Mortgage? It’s a Home Equity Conversion Mortgage (HECM) that taps into the equity in your home and turns it into a source of TAX-FREE supplemental income. You continue to live in the home you love, continue to own the home you love, and you don’t have to worry about the difficulty of qualifying for a traditional loan on your diminished retirement income. Credit challenges are considered as well!
NewMark Home Mortgage would like to invite you to a Brunch & Learn presentation on Reverse Mortgages. NewMark’s Managing Principals — Greg Newman and Michael Markoff — are both Certified Reverse Mortgage Professionals (CRMP), the highest achieved designation from the National Reverse Mortgage Lenders Association (NRMLA). There are approximately only 209 CRMPs nationwide, and just seven of them work in the state of New Jersey. Greg and Michael are the accredited professionals you can trust who have the best interests of their South Jersey neighbors at heart.
We are offering 3 regional events in May. Simply RSVP and reserve your seat at the Brunch & Learn presentation.