Reverse Mortgages Explained Part 2 Presented by: Franklin Funding Reverse Mortgages
The next question to be answered in our Reverse Mortgages Explained video series is…
How can you use the money you receive from a reverse mortgage?
People use their reverse mortgages in many different ways…
Everyone has different needs and a reverse mortgage gives you the freedom and flexibility to use it as you deem necessary.
Here’s some of the different ways you can use a reverse mortgage…
Pay off your existing mortgage
Supplement your retirement income
Pay your property taxes
Cover medical expenses
Make home repairs
Pay for long-term care
Manage everyday expenses
How you use the money is up to You!
And for many it’s a smart financial solution to improve the quality of life and conditions of retirement.
In Part 3 of Reverse Mortgages Explained we’ll talk about who is eligible to receive a reverse mortgage…
To learn more or to see how much money you may qualify for visit http://www.reversemortgagessc.com/reverse-mortgage-calculator-hud or Call (843) 762-2218.
Duration : 0:1:32