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Benefits of a Reverse Mortgage In Middle Tennessee

If you are in the Middle Tennessee area wondering if a Reverse Mortgage may be a good idea for you and your family, here are some of the main benefits that my clients utilize a reverse mortgage for. If after reading these benefits and you are still on the fence, feel free to give me a call or shoot me an email. I'd love to help you find out if a reverse mortgage will be beneficial for you and your family.

Increase Your Spending Power

You can effectively eliminate your traditional mortgage payments while accessing your home equity-all while you are still living in your home.

High Levels of Flexibility

Reverse Mortgages can be utilized in a wide variety of ways, making it one of the most versatile financial tools. What ever your reason may be, a reverse mortgage could be the solution you're looking for.

Mortgage Loan Originator In Middle Tennessee
Kathey Grodi NMLS#266093

Mortgage Loan Originator

Tax-Free*

Since this is a loan, the amounts that you receive will be essentially tax-free. This is true even if you receive the money as fixed income or as a lump sum.

You Will Still Have a Home

Your home stays yours and you can live in as long as you wish, regardless of the amount you take out.

Save Your Social Security

You can use the income from the reverse mortgage to fund your living expenses. Through this, you can wait to begin withdrawing on Social Security. This will maximize the benefit that you get from Social Security!

Safety Net

The income from your reverse mortgage can cover major unexpected expenses.

Still not sure?

 

No worries! Reverse Mortgages can seem complex. Maybe a reverse mortgage would be the solution to your questions, or maybe a reverse mortgage isn't right for you. I'd love to have a call with you navigate your options.

Thinking About a Reverse Mortgage In Middle Tennessee

*Consult your tax advisor. Please consult a mortgage professional.

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