Video: How Do Reverse Mortgages Increase Cash Flow?

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David Guelff

Mortgage Originator / Certified Reverse Mortgage Professional

(310) 698-5962
(310) 802-6939
(310) 849-8231
Email Me
3551 Voyager Street, Suite 104
Torrance, CA 90503

Video: How Do Reverse Mortgages Increase Cash Flow?

1-Minute Video on YouTube:

Having enough cash to last to - and through - retirement is one of the major challenges facing today’s seniors. A reverse mortgage is a safe way to help senior homeowners improve their cash flow while allowing them to better “age in place” in their own home. With a reverse mortgage, seniors can tap into the equity in their home in a variety of ways that best suit their individual circumstances and needs. 

For example, they could take a lump sum payout at closing to spend it in any way they choose. They could also choose to receive a liquid, growing line of credit that allows any unused balance to grow at the same rate as the loan balance, and the amount of the credit line increases when any payments are made. These funds in the line of credit can grow substantially over time, and the homeowners will only accrue charges on whatever funds they have borrowed. Also, this line of credit cannot be capped, reduced, or eliminated because of market conditions or declines in property value. 

To find out more about how a reverse mortgage can improve your cash flow in retirement, call us today. 

David Guelff

Reverse Mortgages in Torrance CA

Certified Reverse Mortgage Professional

Manhattan Beach CA

* Specific loan program availability and requirements may vary. Please get in touch with the mortgage advisor for more information.

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