The holiday season is upon us once again. A season filled with festivities, memories, decorations, and for most, added costs. Whether it is gifts for loved ones, travel expenses to visit family, or admission fees to special experiences. (The Nutcracker with your ballet-obsessed granddaughter, perhaps?) This time of year can get expensive. Especially for seniors on a fixed income.
If you are 62+ and a homeowner, there is a solution that can put cash in your pocket in time for the seasonal festivities—and every month thereafter! A reverse mortgage can eliminate your monthly mortgage payment, freeing up a substantial amount of cash. (You are still responsible for property taxes and homeowners insurance.)
At Silver Leaf Mortgage, Colorado’s #1 Reverse Mortgage Broker, we can generally close a reverse mortgage—at your home—in 30 days or less, which means cash in your pocket before Santa arrives! But you should call today to get started! (Other lenders often take 60–90 days to close, in a conference room somewhere. Which means it is already too late to call them if you need cash before the end of the year.)
So what are you waiting for? The holidays will be here before you know it! Call me today for more information to see if a Reverse Mortgage can help you.