Financial Freedom To Live The Life You Deserve
Leverage your home’s equity to stay in place and access the cash you need to thrive
What would it mean to you to have the ability to….
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Visit the grandkids whenever you want
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Go to a nice restaurant and order an appetizer, entree, AND dessert…Guilt free
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Pay for that dream family vacation
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Help a loved-one with college tuition
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Provide your adult children with much needed down-payment assistance
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Make upgrades to your home so that you can age in place comfortably
And the best part is you get to do this using tax-free money from your house without selling
Introducing the Modern Reverse Mortgage
What is a Reverse Mortgage?
A reverse mortgage is a loan designed exclusively for senior homeowners, allowing them to convert a portion of their home’s equity into usable cash. Unlike traditional mortgages, borrowers are not required to make monthly payments. Instead, the loan balance, including any accrued interest, becomes due only when a maturity event occurs, such as the homeowner selling the home, moving out permanently, or passing away.
While borrowers can defer mortgage payments for the life of the loan, they still have financial obligations. These include property taxes, homeowners insurance, and any applicable fees, as well as maintaining the home as their primary residence. Additionally, interest accrues on the loan balance if left unpaid. Failure to meet these obligations may result in the loan becoming due.
But I heard that….
Yes, a lot of people have heard scary things about reverse mortgages, but most of them simply aren’t true. They’re no longer just a last-resort option—many financially savvy homeowners use them to improve their retirement fund outcomes. Just like the cars of today have seatbelts, airbags, and GPS help you safely arrive to your destination, reverse mortgages have built-in safeguards and consumer protections to give seniors peace of mind to enjoy financial freedom in a safe and strategic way.
Benefits
No monthly mortgage payments except for taxes, insurance, and maintenance
Growing line of credit (applies to unused funds)
Increased discretionary cash flow
Can sell YOUR home at any time
Does not require payment until last living borrower permanently leaves the home
Bridge the medicare gap
Increase your purchasing power
Eligibility
Borrower(s) must be 62 years or older
Must be a homeowner and either own home out right or have significant equity
Must live in home as the primary residence (live there 6+ months per year)
The property must be a single-family home, a 2 to a 4-unit dwelling or FHA-approved condo
Must meet minimal credit and property requirements
Must receive reverse mortgage counseling from a HUD
approved counseling agency
Ways a reverse mortgage could be used
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Eliminate Your Monthly Mortgage Payment
Refinance an existing mortgage, liberating your retirement budget from fixed monthly mortgage payments. Essential property charges like taxes and insurance must continue to be paid.
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Fund Home Improvement Projects
Use HECM loan proceeds to finance home upgrades that enhance safety and comfort, ensuring the long-term enjoyment of your home.
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Cover Healthcare Expenses
Tap into your home equity to support various healthcare needs, including long-term care insurance premiums, in-home care and medical expenses.
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Enhance Cash Flow and Create Emergency Funds
Elevate your retirement experience and establish a readily accessible safety net for unexpected circumstances with HECM loan proceeds.
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Safeguard Against Market Volatility**
Structure a HECM as a flexible line of credit, providing access to cash as needed, making it advantageous for long-term financial strategizing.
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Facilitate a New Home Purchase
Unlock the distinct benefits of a HECM for Purchase, a hybrid solution that combines the advantages of paying all cash and taking out a traditional mortgage.
How Reverse Mortgages Compare to Other Loan Types
| Feature | Reverse Mortgage | Traditional Mortgage | HELOC |
|---|---|---|---|
| Monthly Mortgage Payments | Optional | Required | Required |
| Growing Line of Credit | Yes | No | No |
| Can be frozen, lowered, or called due | No | No | Yes |
| Risk of foreclosure if monthly mortgage payment not made | No | Yes | Yes |
Payout Options
LUMP SUM
Works well for immediate needs, such as paying off debts or making home improvements.
MONTHLY CASH FLOW PAYMENTS
For borrowers who prefer to receive payments each month for the life of the loan or for a fixed period of time.
LINE OF CREDIT
Can help borrowers grow their proceeds with its growth rate feature.
COMBINATION
Reverse mortgage offers a great deal of options; a combination of any of the other options is available.
Questions You May Be Asking..
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6 Easy Steps
Meet your Reverse Mortgage Advisor
Crystal Denmon
NMLS #2662120
As a native of Los Angeles and a proud UCLA graduate with over 10 years of experience in the real estate industry, I’m passionate about helping seniors unlock the financial freedom they deserve in retirement. Guided by my faith in God, I believe in serving others with integrity, compassion, and a commitment to doing what’s best for you. With my deep understanding of both the local market and the reverse mortgage process, I guide you every step of the way with patience, clarity, and a touch of humor. Whether you want to supplement your income, fund a dream trip, or simply enjoy peace of mind, I’m here to make sure you’re empowered to live your best life. Let’s chat and see how a reverse mortgage might be the perfect solution for your unique situation—no jargon, just real personalized solutions!
Ready to Get Started?
No matter what method of contact you prefer, we promise you'll receive a response from a real, live mortgage loan officer —and to never bombard you with solicitations.