Frank Magnante
HECM Specialist
NMLS# 485951
Trumbull, Connecticut 06611

About Me
Frank Magnante
HECM Specialist | NMLS# 485951
1-203-501-6662
- Reverse Mortgages
- JUMBO Reverse Mortgages
- The HECM for Purchase Program
Bio
In 2006 I left the traditional mortgage business to work exclusively with senior home equity products (reverse mortgages). Since that time, I have helped my clients successfully access the equity in their homes to meet the needs of their overall retirement plan.
Whether I am collaborating with Financial Planners, and Elder Law Attorney’s to make sure clients have enough cash flow to successfully age in place, showing health care professionals how a HECM can help their patients better manage health care costs, I or working with Real Estate agents and Builders to help people purchase their retirement dream home, I take pride in learning about my client’s needs so I can assist them in achieving their retirement goals.
I have been fortunate enough to live and work in Connecticut for more than 25 years. Raising two sons who have been active in sports, scouting and the outdoors has shown me not only all the great resources this state has to offer but what a great sense of community we have here as well.
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