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Bill Simms

Reverse Mortgage Advisor NMLS# 543251

6902 S 221st E Ave.
Broken Arrow, OK 74014

About Me

Bill Simms
Reverse Mortgage Advisor | NMLS# 543251 | 1-918-852-5784
For the last 12 years I have been helping current home owners age 62 and above increase their retirement income by using some of the equity in their homes .A very important part of what I do is to make sure they are aware of the benefits and the possible down sides of this tax free program. Also, I can help folks age 62 and above purchase a home using the HECM for purchase program. With this FHA program they...

For the last 12 years I have been helping current home owners age 62 and above increase their retirement income by using some of the equity in their homes .A very important part of what I do is to make sure they are aware of the benefits and the possible down sides of this tax free program.

Also, I can help folks age 62 and above purchase a home using the HECM for purchase program. With this FHA program they can purchase a home with a down payment of just 50-60% of the sale price and not have any monthly mortgage payments.They are still responsible for paying the home owners insurance and property taxes.

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Common Examples of What a HECM Can Help You Do

  • Purchase a new home to fit your lifestyle needs
  • Protect your retirement portfolio
  • Reduce monthly expenses by paying off existing mortgage
  • Reduce monthly expenses by paying debt
  • Enhance your cash flow
  • Incorporate housing wealth into your retirement plan
  • Create an emergency fund
  • Increase cash to help ensure monthly bills are paid
  • Fund for home repairs or upgrades
  • Reduce the burden of out-of-pocket healthcare costs
  • Fund the expense for caregivers, live-in nurses, or other in-home care
  • Have the cash for a large expense, such as a vacation or vehicle

Testimonials

“Thank you for extending my retirement an additional 9 years!”

-Bill T.

See what our customers are saying

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