Reverse Mortgage
A reverse mortgage is a specialized financial product designed for homeowners aged 62 and older, enabling them to convert a portion of their home equity into tax-free funds without needing to sell their home or make monthly mortgage payments. Instead of paying the lender, the lender pays the homeowner.
This unique arrangement provides retirees with an additional source of income, helping to supplement retirement funds, cover medical expenses, or improve their overall quality of life. One of the significant benefits is that borrowers retain ownership of their home and can live there as long as they wish.
However, it’s important to note that interest accrues over time and the loan becomes due when the last borrower permanently leaves the home. Reverse mortgages offer financial flexibility and security for seniors seeking to enjoy their retirement years while remaining in their cherished homes.
At Relentless Mortgage Group, we are dedicated to embracing a “Resilient” Approach to ensure every client finds the best loan options.
Additional information
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam dignissim metus purus, nec lobortis ipsum molestie vel. Donec augue elit, ornare eu risus ut, luctus.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nam dignissim metus purus, nec lobortis ipsum molestie vel. Donec augue elit, ornare eu risus ut, luctus.
Creating a list of potential qualified prospects for your service or product can be daunting when you’re beginning your business. However, this needs to be considered as a follow up on your Target Market Analysis so you can hit the ground running.
Pros and Cons
A strong business plan requires going beyond intuition and experience, and supporting your idea with fact-based market research. Investors need to have confidence in your understanding of the market, so don’t let yourself down by skimping on research. We have access to fee-based, subscriber-only resources such as:
- Don James/Semplice – Article and News Research
- VoltageBusiness – Company and Industry Research
- Goovers – Company and Industry Research
- IRISpace – Article and News Research
- Lexos-Nexos – Company, Industry, Market Research
- Plombett – Article and News Research
- Pronounce – Market Analysis report “Slices”
Research & analysis
how can we help you?
At Relentless Mortgage we promise to provide complete transparency backed by “5 Star Service” from start to finish.
How do I say this! Ever feel that someone genuinely cares about your clients and your needs! Well with Joshua and his awesome Relentless team you feel that you are getting that top notch 5 star service! His team is clear in communication and is always ready to go the extra mile for their clients needs! We highly recommend anybody that ever has lending question to reach out to them! They will go the extra mile for you and your family!!!
