Tom Kronen
Reverse Mortgage Advisor
NMLS# 582987
Santa Barbara, CA 93101

Bio
I strongly believe that a HECM reverse mortgage, especially when used as part of a coordinated financial strategy, can solve many challenges that older homeowner’s face in retirement. I have been a reverse mortgage loan consultant and manager for 14 years and I can draw from that experience and expertise to be one of the best consultants in the industry. Honesty and integrity drive me to provide a high level of service to my clients and business partners. I look forward to serving you with exceptional insight and advice on this financial product.
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