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Retirement Equity Planning
How a Retirement Mortgage can work for you!
This day and age we are living longer and retirement is now measured in decades, not years. Literally millions of baby-boomers are reaching retirement age each year in our country. Not only are they considering retirement, they are contemplating it with a home mortgage payment and with most of their net worth tied up in their home equity.
Gone are the days when social security or a pension was enough to retire on alone, now you need to develop a strategic plan for the decades to come. Today everything is way more expensive and important things like health care, costs a whole lot more than it did in the past.
A Retirement Mortgage could be literally the difference maker between happiness or not.
Accessing home equity is not as easy as it once was. Today, you will need to income qualify which is based on your ability to repay which may not be possible once you’ve stopped working. When you consider that you could live 20 – 30 years without employment income, it’s probably a good idea to make sure you have access to money.
The concept to consider here is that the HECM program and other Reverse Mortgages are specifically designed for retirees looking to access their home equity. There are many reasons as to why people utilize them however the point is that ANY discussion about accessing home equity in retirement should always include the HECM and other Reverse Mortgage options.
If you have sufficient equity in your home and you’re at least 62, you’re eligible.
It’s yours to spend on whatever you want. Be sure to consult your tax advisor.
Keep your home for life! Pay taxes and insurance and enjoy life in your home.
The end of your monthly payment. Deposit cash in your account instead.
#1 Rated Customer Service in Orange County!
Your Retirement Choices
Now in its 32nd year of existence this program has helped position millions of seniors for a better retirement. The HECM converts home equity into tax free capital which comes with a low interest Line of Credit that grows and does not require monthly payments. Every person is different and has a specific use for the benefits. Retirement solutions are based on what you want to accomplish, such as creating a growing Line of Credit, buying a second home or even self funding health care plans, the choices are endless.
The Modern Jumbo program specializes in High Value homes. It eliminates the value caps on the traditional HECM loan which allows for more cash. If your home is valued at $850,000 or higher this program is perfect for you. Typically the fees are waived and there is no FHA insurance (MIP) allowing clients to enjoy more of the benefits. Flexibility and new offerings, including a growing line of Credit, are making the Modern Jumbo very appealing.
With brand new offerings and many recent changes the costs on the Reverse Mortgage have been severely reduced and in most cases completely dismissed. The interest rates are competitive with traditional home loans and in some cases even better. Ultimately, we will help you achieve your goals while assisting you with everything you want to accomplish.
OUR STORY
In 2001 we serendipitously began our journey in the world of the HECM (Reverse Mortgages). We understood the potential of such an offering but we had no idea of the wonderful impact this program would have on our family of seniors. Our success flourished by establishing trustworthiness and understanding the needs of our clients that could not be rivaled. We cherish our relationships and maintain a healthy connection long after the loan is finished. We learned a long time ago to always put the customer first and to provide an intimate experience that is forgotten with the larger companies.
OUR MISSION
We are committed to offering the best service to all of our clients that want a better choice for retirement. We focus on accomplishing the goal of our seniors and we excel at the ability to keep it simple. Our main goal is to exceed expectations and provide the best retirement options available. HECM’s are the right choice for so many and we love providing solutions that will brighten their future.
OUR PURPOSE
We want to bring to the willing public the truth about the power of the HECM. I am amazed that so many people do not have the proper understanding of what or how a HECM works or can be utilized. Only through client trust and their willingness to share their stories will the HECM ever be realized for what it is and what it can do. Green Monarch will always be an advocating voice for financial freedom and self preservation. Our voice can be much louder with the assistance of those we help to share their experiences and let others know the positive impact.
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800-345-2041
We love to answer questions. We can show you the different options
that will allow you the retirement you deserve.
Our Motto: “Education Not Obligation”
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