Where a HECM* Reverse Mortgage May Fit

  • Divorce
  • Consolidate debt
  • Legacy planning
  • Access dead equity
  • Buy a second home
  • Insure home equity
  • Save the family farm
  • Extend existing savings
  • Guaranteed tax-free income
  • Pay for in-home assistance
  • Delay taking Social Security
  • Interest deduction management
  • Maintain or regain quality of life
  • Assist grandchildren with college
  • Eliminate current mortgage payments
  • Protect adult children’s retirement
  • Can’t qualify or afford LTC insurance
  • Afford to take vacations or visit family
  • Supplement income to meet monthly needs
  • Provide income security for surviving spouse
  • Distribute wealth without disrupting investments
  • Increase control over entire financial portfolio
  • Purchase a home without with no monthly payments
  • Establish financial safety net for unexpected expenses
  • Manage tax consequences associated with other assets
  • Downsize to new home while enjoying additional wealth for a more secure retirement

*HECM, that’s the reverse mortgage insured through the Federal Housing Administration.