Remarkable Reverse Mortgage

What to do when a Reverse Mortgage won't work. A posting from my LinkedIn page.

https://www.linkedin.com/feed/update/urn:li:activity:6603319856693600256/

How A Picker Helped A Retired Photographer Live His Dream

https://www.linkedin.com/pulse/how-picker-helped-retired-photographer-live-his-dream-mark-schmidt

A financial adviser friend called me and said, "I have a client who has about $200,000, can you help her buy a house?" 40 days later we closed on her home. Here are the numbers and few details.



70, age of borrower.

$443,000 purchase price of home.

$189,000 amount the borrower paid (down paym...

This is the second "card" in my "Would A Home Equity Based Line Of Credit Be Helpful If?"

You could use the money any way your want?
Your line of credit would grow over time?
Your line of credit couldn't be canceled?
You could qualify on a fixed income?

Curious, give me a call. Mark

This is a real story about a lady who called me about doing a Reverse Mortgage.
https://remarkablemortgage.com/2019/09/08/a-realtor-friend-referred-this-nice-lady/

Tom Selleck appears on a TV add claiming that a Jumbo Reverse Mortgage can provide up to 4 Million dollars, tax free. Is that possible? Read this: https://remarkablemortgage.com/2019/09/06/tom-selleck-says-up-to-4-million-dollars-tax-free/

Here is the second postcard that asks, Would a home equity based line of credit be interesting if:

1. You had the option to not make monthly payments?
2.You could only qualify when you were old enough? 3.You use it to pay off your current mortgage?
4. You could stay in your home as long as y...

It's good to get a second opinion about a Reverse Mortgage, especially from a financial planner. You can learn more at a brief lunchtime presentation. June 13th, 11:30 AM RSVP to 720-473-5483

There is an old saying, "you don't know what you don't know until you know what you don't know."

The card in the picture asks a question about something that might be useful. In my experience, most people don't know about the 4 useful features of the Home Equity Based Line Of Credit referenced ...