When most of us dream of retirement, we imagine ourselves in our homes – sharing a meal with family or just relaxing in a comfortable spot. But retirement can also bring financial strain. Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses.
A CHIP reverse mortgage can help face these challenges. Some of the features of a CHIP Reverse Mortgage are:
- Homeowners age 55 and older are eligible
- No payments are ever required
- No income qualifications
- No credit requirements
- Qualify for up to 50% of the value of the home
- Money can be received as a lump sum, or over time or combination
- Owner maintains title
- You can sell or move at anytime
- Receive the money tax free
Let’s have a conversation about how a CHIP Reverse Mortgage solution can unlock the value in your home by giving your the freedom to stay in your home and ease the burden of increases in the cost of living.
Reach out today and let me do the rest!