Hear From My Client: How Cathy Fulfilled Her Dream of Buying a Beautiful Waterfront Home
Cathy always dreamed of owning a home on the ocean. After her husband passed, she decided to pursue her dream. Her realtor suggested that she look into a reverse mortgage loan, and as this realtor and I have worked together before with great results, she referred Cathy to me.
As Cathy says about her experience working with me, “He was very transparent. Every question that came up, I could call him, he was available. I just really liked his approach. In fact, my sister in law said , ‘If I ever do a reverse, I’m calling him!’”
The reverse mortgage enabled her to purchase a seaside property that would have been beyond her means otherwise.
Additionally, she now has access to a Home Equity Conversion Mortgage (HECM) line of credit, which she can tap into for home renovations or unforeseen expenses.
Reflecting on her reverse mortgage and new life, Cathy says, “With the HECM, it was a smooth transition. I live by the beach, I take my bike rides, I go to the beach regularly. I step outside and see the beautiful dunes in Point Sal and I just feel so grateful to be where I am. It’s been a seamless, wonderful experience.”
Learn more about how a reverse mortgage could work for you or your clients.
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