IMPROVE YOUR QUALITY OF LIFE WITH A

Reverse Mortgage

By:  Melissa Ursitz

Image you're a senior citizen, comfortable in your home of 50 years.  You have achieved so much; married, raised a family, worked for a living and all with a smile on your face.  Now retired, you have so many unanswered questions:

Am I financially prepared to...                                                           

• Handle any emergencies or unexpected medical costs? 
• Afford my health care/prescription costs indefinitely?
• Make the necessary repairs and/or improvements to my home?
• Continue making my current mortgage/debt payments?
• Keep up with ALL of my daily living expenses?

• AND MAINTAIN THE QUALITY OF LIFE I WANT?

Feelings of doubt and uncertainty to the answers to any of these questions can feel like a ton of bricks weighing you down.  By looking into whether you qualify for a government insured reverse mortgage you can improve your liquidity and lessen the load.

Reverse Mortgage

• Offered by the U.S. Department of Housing and Urban Development (HUD); Insured by Federal Housing Administration (FHA) - meaning you will never owe more than the current market value when the loan matures.
• You maintain title ownership.
• Homeowners 62+ can qualify.
• Non-taxable proceeds available as a monthly income, lump sum, line of credit or as any combination of these.
• No monthly mortgage payment required.
• No income and credit qualification.
• Loan matures when the last borrower permanently leaves the home.
• Does not affect Social Security or Medicare Benefits

My goal is to inform the community of this wonderful financial tool for seniors.  If you or someone you know would like more information about a reverse mortgage or would like to know how much money they could qualify for, please contact me.

Melissa Ursitz                                                

Senior Loan Officer

Homexpress Lending, Inc

780 - 94^th Avenue North

St. Petersburg, FL 33702

813.215.5106 cell

727.896.6104 office

mursitz@hxlend.com 

Copyright © WTCB- Women Taking Care of Business, Inc. ® All Rights Reserved 

See Terms of Use for this website