How Seniors Can Buy a Home with a Reverse Mortgage: A Smart Homebuyers Guide

Video Credit: Rumble
Published on June 27, 2024 - Duration: 05:17s

How Seniors Can Buy a Home with a Reverse Mortgage: A Smart Homebuyers Guide

Welcome to another informative video in the Ask Christee Smart Homebuyers series!

In this episode, we delve into a lesser-known option for seniors looking to downsize or relocate: purchasing a home with a reverse mortgage without a mortgage payment.

With over 55 million adults over 65 in the U.S., many are exploring new housing options.

We'll discuss common scenarios seniors face and introduce the concept of using a reverse mortgage for buying a new home.

Learn how a HECM loan works, see real-life examples, and debunk common myths about reverse mortgages.

Donโ€™t forget to set up your free AskChristee Smart Home Buyers account at www.AskChristee.com for personalized advice and tools to make informed decisions.


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