Senior Financial
Two popular options currently for senior citizens are the Reverse Mortgage and the Life Settlement. Both offer a way to maximize an underused asset.
Reverse Mortgages
For 62 and over only… A reverse mortgage is a way for you to take advantage of some of the equity that is currently tied up in your home. A reverse mortgage works in the same manner as a normal one, reversed, and the homeowner is paid monthly versus having to pay. The major difference between this and a home equity loan is that you aren’t required to pay anything back to the lender as long as your retain ownership of the home.
Reverse Mortgage Benefits include that it allows homeowners to take advantage of some of the equity that they have built up in their homes without the burden of having to pay it back in monthly payments. This could be used to supplement income, defray the cost of medical aid, pay for college education, stop a foreclosure or to make it possible to retire.
When the homeowner sells the home or dies, the home must be paid off and, if sold, the remainder of equity is given to its rightful heirs. Call 1-888-973-8377 with any questions.
Life Settlements
Many life insurance policy owners find that the needs for their policies may have changed as time goes on. Until recently, surrendering policies for their cash value was the only option for under-performing coverage. Life Settlements allow policyholders an option not previously available.
Life settlement program, selling a policy that is no longer wanted or needed will give your clients increased liquidity that can be used to purchase other financial products that best suit one’s financial needs. We provide this service free of charge and there is never an obligation to accept an offer at any time.
As you will see, Life Settlements can turn an inadequate policy into a more lucrative asset or instant equity. Why wait? Allow us to lead you into the Life Settlement Industry. There is no better time to start, than right now.
Call 1-888-973-8377 with any questions.