Could you survive alone on a single income? When Bob passed away, Mary lost the love of her life and most of their income. Bob’s passing was a disaster and Mary needed help so she came to Heritage Reverse Mortgage.
Their Story
Before retiring in 2005 Bob was an accountant in California. They had good health, a great pension, and equity in their home. But the 2008 Recession nearly took it all. Bob’s firm failed and took his pension with it. Their home’s equity fell and by 2010 they were in big trouble. They moved to Utah and bought a home they could afford with their combined incomes and everything seemed stable again until Bob passed away in 2016. One Social Security check is rarely enough to cover monthly expenses and Mary was only months away from Bankruptcy when she came to us.
Benefits of a Reverse Mortgage for Mary
Mary’s finances are now secure. We were able to:
- Eliminate her Monthly Mortgage Payment
- Pay off her Car Loan and Credit Cards
- Give her a line of credit for over 50,000
Mary’s Reverse Mortgage was life-changing. She is one of many clients who, with tears in their eyes have told me how grateful they are to have done a Reverse Mortgage. They no longer feel the fear of not having enough money and are able to enjoy their retirement.
Would your life be better if you could?
- Say goodbye to a mortgage payment
- Consolidate debts
- Receive extra income
- Get Money to Travel
- Remodel your Home
- Pay for medical expenses and other emergencies
With a Reverse Mortgage, you must live in the home and continue paying property expenses like taxes and insurance but you too could experience these same benefits with a Reverse Mortgage.
Call us today to see your options and see how a Reverse Mortgage could be changing for you!
Trevor Carlson
President – Equity Conversion Specialist
Heritage Reverse Mortgage
435-359-9000
Heritage NMLS #1497455 Trevor’s NMLS #: 267962
1060 South Main Street Bldg. A Suite 101B
St George Utah 84770