Mark Draper

Reverse Mortgage Planner

NMLS: 149529

732-447-6217

mdreverse@icloud.com

Mark Draper Reverse Mortgage Planner
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DO YOU WANT TO ENJOY RETIREMENT TO THE FULLEST?

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What is a Reverse Mortgage?

Reverse mortgage loans provide older homeowners with the opportunity to convert their home’s equity into tax-free cash without needing to sell or move. These loans are insured by the U.S. government through the Department of Housing and Urban Development (HUD), allowing homeowners aged 62 or older to borrow against their home’s value.

For many senior homeowners, a reverse mortgage is a practical solution to access the equity they have built over time.

A Comfortable Retirement is Possible

A reverse mortgage offers a secure and dependable option to provide peace of mind and enhance your quality of life.

Payoff your mortgage, other debts and/or establish a line of credit.

You still own your home and continue to live in it.

Sell your home at any time or pass it to your heirs.

Supplement your retirement income so your savings last longer.

   CALL 732-447-6217 FOR A FREE CONSULTATION

Why Consider a Reverse Mortgage?

A reverse mortgage allows you to access cash or purchase a home without the burden of monthly payments, helping you achieve financial stability.

When receiving your funds, you can choose a payment option that aligns with your financial goals:

  • Monthly payments to supplement your income on a regular basis.
  • A lump sum to receive the available funds all at once, subject to initial disbursement limits.
  • A line of credit to withdraw cash as needed.
  • A combination of these options to provide flexibility and meet your specific financial needs.