Earn Interest On Your Home Equity
Mike & Paulette wanted to open up another income stream should they need it. We met to explain how a benefit of a reverse mortgage is it can come with a line of credit. This line of credit grows at 4-6% a year compound interest, tax free. Also, the equity that is earning interest is protected from what happens in the real estate market, plus they still get the appreciation on the home! They were thrilled.
Listen to their experience here.
If you would like to learn how you can put your 'dead' or unmanaged equity to work for you in your golden years, give us a call! 719-302-5820