PMA Reverse Mortgage

As inflation and rates are going up, retirement or rather how to afford retirement is becoming a popular topic.
This article gives a very brief overview of some options. A Reverse Mortgage is becoming more mainstream. It touches some pros and cons. Keep in mind that the responsibility of the homeowner would be
1) Live in the property as their primary residence
2) Pay the property taxes
3) Pay your homeowners insurance
4) Send back your occupancy letter once a year.

If you do those things, you will never be asked to leave your home for as long as you live

To find out your options, please call 530-677-5484.

Retirement Income Planning Ideas for 2022 | ThinkAdvisor From emergency savings to annuities to tontines, there are plenty of tools for creating an income stream that lasts.

Forbes’s just came out with an article on options for retirees who are cash strapped as inflation is skyrocketing.

A reverse mortgage is the top option for people who do not want to move.

Call to see what a reverse mortgage can do for you.

530-677-5484

Inflation, Stock Market May Cause Retirees To Reconsider Using Their Home Equity Cash-squeezed seniors and retirees may need to explore creative ways to make ends meet.

This is a good article addressing some of the changes that have happened to reverse mortgages over the past decade. The article also goes over some of the pros and cons of reverse mortgages.
As the economy is eating away retirement portfolios, it might be time to give Reverse Mortgages a second look.
For questions, please call Bryan Wild at 530-677-5484.

The New Math of Reverse Mortgages for Retirees Many of the negatives have been addressed with federal insurance and oversight. At the least, they’re worth considering for people who are cash poor and house rich.

Here is a good article from the New York Times addressing the benefits of a Reverse Mortgage. To find out how a reverse mortgage can benefit you, please call 530-677-5484.

Reverse Mortgages Are No Longer Just for Homeowners Short on Cash Turning your home equity into cash can help pay bills and preserve other savings and investments. But they’re complicated, and not for everyone.