Donald Battista
Home Equity Retirement Originator
NMLS# 2030959
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Buying a Home with a Reverse Mortgage
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Common Examples of What a HECM Can Help You Do
- Purchase a new home to fit your lifestyle needs
- Reduce monthly expenses by paying off existing mortgage
- Enhance your cash flow
- Create an emergency fund
- Fund for home repairs or upgrades
- Fund the expense for caregivers, live-in nurses, or other in-home care
- Protect your retirement portfolio
- Reduce monthly expenses by paying debt
- Incorporate housing wealth into your retirement plan
- Increase cash to help ensure monthly bills are paid
- Reduce the burden of out-of-pocket healthcare costs
- Have the cash for a large expense, such as a vacation or vehicle
Blog
What Has Waiting Ever Done for Us?
Why do we wait? We wait for the right time. We wait for things to get a little better. We wait until we feel completely certain. And sometimes waiting does make us feel better. Sometimes, looking back over a short period of time, we can even point to a small benefit and say, “See, waiting […]
The Cash Buyer Mindset Needs an Upgrade After Age 62
For decades, paying cash for a home has been viewed as the ultimate financial achievement. It’s often seen as the safest, smartest way to enter retirement: eliminate debt, own your home outright, and enjoy peace of mind. Here’s my unpopular opinion: that mindset deserves a serious upgrade. Once you approach retirement, especially after age 62, […]
The Race Between Home Appreciation and a Reverse Mortgage Line of Credit: Which Grows Faster?
When homeowners think about building wealth, they usually think about one thing: home appreciation. It’s true—real estate has been one of the most reliable long-term investments in America. But there’s another asset that often gets overlooked: a reverse mortgage line of credit. What surprises many homeowners is that an unused Home Equity Conversion Mortgage (HECM) […]