Retirees have the opportunity to use a reverse mortgage on their home for many financial challenges facing seniors today. Many well known sites such as Money Magazine, The Huffington Post, CNBC and CNN Financial news have all tooted the many benefits reverse mortgages afford to Seniors.

Let’s discuss a couple of the more prescient ones within the next few posts.

 

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Healthcare Expenses

Say for instance there is for a lump sum to pay in anticipated or unanticipated healthcare expenses. It is well known healthcare expenses pose a challenge for many Seniors.  As a Senior, you’ve hard your entire life. Upon retirement, though many of your expenses may lower, other expenses arise, such as health care costs. Why fret or worry? Safely tap the equity in your home, which you’ve worked hard to pay all your life, so that you may have that safety net to cushion you when unexpected costs arise.

You will not have to repay the monies taken for the reverse mortgage against your home until the time of your death. You will receive a lump sum payment from the reverse mortgage financing institution and neither you nor your heirs will be required to repay these monies until the time of your death.

Is this not something to allow you to breathe a sigh of relief?

Contact Mario Quintero of Strock and Tanner Loans, your Reverse Mortgage Specialist at 305-598-1600 for additional information along with a complementary consultation. He will explain all the benefits available to you with a reverse mortgage.

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Though we help individuals with all types of loans, Miami-based Strock & Tanner Mortgage specializes in reverse mortgages. A reverse mortgage is a unique financial instrument designed to benefit property owners age 62 and older. It pays YOU back. These senior citizens are those searching for a method to tap their home’s equity without being required to repay the loan while they still live and reside in their homes.

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With  STC Loans, you may easily obtain and borrow against the value of your house. The proceeds do not have to be repaid until death. So, the beneficiary lives in the home comfortably without making mortgage payments. Insurance and taxes must still be maintained. Know that many seniors are you using a reverse mortgage in Miami today in order to offset their retirement. This tool allows for the optimum quantity of flexibility to resolve your specific financial requirements and needs.

Call Mario Quintero at 305-598-1600 TODAY and learn your options for your Miami reverse mortgage.  Mario is licensed to help you with all your mortgage needs in the entire state of Florida, from Key West to the Panhandle. Let Mario Quintero be your Florida mortgage specialist.