Reverse Mortgages for Southeast Texas Senior Citizens

Southeast Texas Retirement Planning

Reverse Mortgages – What are they, and Are They Good for You?

SETX Seniors has been getting a lot of questions about Reverse Mortgages. Reverse Mortgages Port Neches

We turned to the Southeast Texas reverse mortgage specialists at Open Mortgage for some answers.

SETX Seniors: What age do our readers have to be to qualify for a reverse mortgage?

Open Mortgage: We can assist Southeast Texas seniors 62 years of age and older with our reverse mortgage programs.

SETX Seniors: For those who aren’t sure what a reverse mortgage is, how would you define them?

Open Mortgage: A reverse mortgage is a special financial tool that allows seniors to use the equity in their house for special needs that arise or event to supplement their retirement income. For detailed information, give us a call and we can answer all of your questions personally.

SETX Seniors: What are some of the primary financial advantages of reverse mortgages for Southeast Texas seniors?

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Open Mortgage: There are a number of advantages that have been popular with our clients across Southeast Texas. Here are some of the highlights:

  • Are you tired of making mortgage payments? With your Southeast Texas reverse mortgage, you’ll never have to make a mortgage payment again (see ad below for more information and parameters).
  • Would you like direct access to your home equity without all the hoops you have to jump through at the bank? That’s one of the key features of reverse mortgages.
  • Every Southeast Texas senior has different financial needs. At Open Mortgage, we can help Southeast Texas seniors with a reverse mortgage that pays either a lump sum (great if you need a major purchase like a new vehicle), monthly payments (ideal for supplementing your retirement income), or as a line of credit – perfect for home remodeling projects.
  • The number one feature Southeast Texans like with reverse mortgages is that they DO NOT AFFECT MEDICARE.

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Do you have more questions about reverse mortgages in Southeast Texas?

Contact Open Mortgage Today:

  • Zebulon Lowe
  • (409) 920-2676
  • 2300 Hwy 365. Suite 330. Nederland Tx.

 

Open Mortgage Reverse Mortgages Southeast Texas

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