Life Changing Case Study: How using a Reverse Mortgage changed Robert’s Life
The two men had been acquainted for many years when Robert asked Dave Harder of 1st Reverse Mortgage USA (1st RMUSA) if obtaining a reverse mortgage would be right for his situation.
At first, Dave advised Robert to wait.
Then, Robert’s home value appreciation indicated his numbers had become favorable. The time was ripe for our team to secure Robert’s reverse mortgage financing.
Like Robert, senior homeowners nationwide age 62 or older are strategically tapping into their hard-earned home equity in order to never make another mortgage payment * and:
• Cover medical expenses, prescription drugs and in-home services
• Pay off an existing mortgage or other debt
• Cover unexpected expenses
• Make home improvements and repairs
• Help family members
Robert’s Profile: Mr. T is an active senior. He is the proud father of five adult, married “girls” and grandfather to 13. His wife passed a few years ago. He remains in the work force as a master hair stylist and teacher. Robert also believes in giving back to his community: he regularly plays drummer in a volunteer band at a local veterans retirement home.
After Dave and an independent FHA counselor provided solid information regarding reverse mortgage, Robert decided such would help him breathe easier.
Drawing on Robert’s hard earned home equity, the reverse mortgage has erased the stress he felt month-in and month-out because of his mortgage payments.
“When your finances are in order, that’s huge. My reverse mortgage gives me freedom from worry and allows me to do the things I enjoy with the people I love,”
Robert T., 1st Reverse Mortgage USA client.
His close-knit family whole-heartedly supports Robert’s decision to obtain his reverse mortgage.
Robert enjoys his home and plans to live in it for a long time.
Looking forward to serving others: In the coming months, expect to hear more about those we are helping through our extensive home loan product offerings and our determination to provide personal lending services to our clients.
We’re more concerned with getting you the right loan than any loan.
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Or call us: 877-217-0166
* Borrowers must maintain the property and remain current on property taxes, homeowner’s insurance and applicable HOA dues.