About MeBill 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 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.show more..
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
“Thank you for extending my retirement an additional 9 years!”
See what our customers are saying
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To learn more about HECM Call 1-918-852-5784 or enter your email address to download this Free informational booklet. See how much you could take advantage of Reverse Mortgage.