by leveraging your equity using a Home Equity Conversion Mortgage You Can Do The Following:
PURCHASE
Want to purchase a new home AND keep money in the bank?
With as little as 50% of the purchase price you can buy your dream home and not have to make monthly payments.
Want to take the extended family on a trip? Buy a new car? Or just have a cushion in case you need it?
Setting up a line of credit is one of the most popular options. Borrow against your equity as you need to and not have to make monthly payments!
LINE OF CREDIT
MONTHLY CASH FLOW
What do you do when your income stops and you still have bills?
One option is to leverage the equity in your home to set up and receive a monthly payment, or you can simply eliminate your monthly mortgage payment or a combination of the two!
enjoy each new
day with less
stress about bills
but I have questions…
WHO OWNS MY HOME?
You do! The Home Equity Conversion Mortgage (HECM) is simply a mortgage against the property.
When the time comes you, or your family, sell your home, pay off your mortgage and keep the proceeds.
I WANT TO LEAVE A LEGACY
Who doesn’t? But if you ask your family I bet they’d want you to live better now as well!
With a HECM you get the best of both worlds. You own your home, your property increases in value and when you sell your family can share in the proceeds.
I’VE HEARD BAD THINGS.
The truth is there were a lot of bad things associated with this product, also known as a reverse mortgage, in the past.
In 2012 a massive change to the product guidelines were passed, and now required, to address all of the past sins. It really is a product anyone over 62 should look at!
Are you ready to see what a HECM can do for you?
get started today
honest, transparent,lending advice
Charles Davis • NMLS# 1740379
NEXA Mortgage, LLC.
Phone: +1 303 870 6165
e-mail: cdavis@nexamortgage.com
copyright 2022 • Approved By Charles • Low Country Reverse • Company NMLS# 1660690
