Shifting Into Reverse Blog
#17 Reverse Mortgage Offers Solution for Mom and Daughter
DAUGHTER WANTS MOM INDEPENDENT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 As an only child, daughter of a mom who was widowed 2 ½ decades ago, you were always taught […]
#16 Housing Wealth Used to Fund Whole Life Insurance
HOUSING WEALTH COMES FULL CIRCLE WHOLE LIFE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Before your wife of almost fifty years passed in 2020, the two of you had planned […]
#15 Reverse Mortgage Can Be Tailed to Second Marriage Situation
HOUSING WEALTH CAN FUND A SECOND LIFE David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 Yours is a story of senior dating site success – after nine years of widowhood, at […]
#14 Benefit from the Run-Up in Home Prices Without Selling
LET YOUR HOME FUNCTION AS YOUR BACKUP RESERVE FUND David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 It’s a good time to sell a home in Indiana, as you and your […]
#13 High Home Values, Low Interest Rates Increase Utility of Reverse Mortgage Line of Credit
IN COUNTDOWN TO RETIREMENT, LET YOUR HOUSING WEALTH COUNT David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’re the proverbial “ducks-in-a-row” type, and you’ve already begun to plan for your retirement […]
#12 Reverse Mortgage Helps Keep Retirement Assets Intact
REVERSE MORTGAGE CAN MAKE SNOWBIRDING A REALITY David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 In this, your fifth year of “semi-retirement” following 40+ year careers in the private education system, […]
#11 Reverse Mortgage Helps Pay Health Insurance Costs
REVERSE MORTGAGE TO BRIDGE THE COBRA-MEDICARE GAP David Garrison Home Equity Retirement Specialist NMLS # 1595194 Serving the State of Indiana p (317) 644-2595 c (765) 516-0130 e [email protected] 2169 East Rutland Lane, Martinsville, IN 46151 Corporate NMLS #1025894 You’ve both been employed at the same company (in different departments) for the past nineteen years. […]
#10 Paying Down Reverse Mortgage Builds Up Reserve Fund
PAYING AHEAD IN REVERSE The unusual rise in prices of residential real estate made taking out a second mortgage on your home tempting. After careful thought, though, you’ve decided to approach the issue at the other end of the spectrum. Over the coming two and a half years, you’re resolved, you’ll make “oversized” monthly payments […]
#9 Refinancing a Reverse Mortgage to Improve Security for Spouse
STEP UP SPOUSAL BENEFITS WITH A REVERSE REFINANCE Listening to neighbors discussing refinancing their mortgage loans (in order to lock in current lower interest rates) has made you think about the reverse mortgage you had taken out just three years ago on your home following your remarriage. Your husband was 60 years old at the […]