Todd Walcott
Senior Loan Officer, CRMP, CMPS
NMLS #183784 | CA DRE #02227563
(760) 784-7860
Reverse mortgages can seem like a complicated product, but it comes with fewer risks and a lot of flexibility and benefits people don’t know about. The key is educating you, the client, on the product to allow you to make the decision as to whether this product is in your best interest.
I look beyond just the current 30-year fixed rate and examine how your mortgage debt fits with your overall financial goals. A 15-year loans sounds great, until you remember your children will attend college in the next few years. Owning your home free and clear in retirement sound like a solid plan, but drawing down retirement accounts in a stock market downturn, or relying solely on Social Security benefits could impact your future financial security. Those pains could be mitigated by using the draw features or monthly tenure payments of a Reverse Mortgage.
Give me a call. As a mortgage professional with more than 30 years of experience, my passion is to find financing solutions for all my clients whether you be a first time home buyer, wanting to trade up, entering retirement years or even if your loan was declined by someone else. I solve problems so you can realize your dreams.
