How Reverse Mortgage Can Be Beneficial For The Seniors

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How Reverse Mortgage Can Be Beneficial For The
Seniors
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• Seniors have at their disposal a valuable tool
  that can be incorporated into their retirement
  planning strategy - a reverse mortgage. Reverse
  mortgages offer many benefits for seniors looking
  to supplement their retirement income. What do
  they do exactly? These four reverse mortgage loan
  benefits can be obtained from a mortgage lender.

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• Make Effective Presentations
• Using Awesome Backgrounds
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As long as you own your home, you remain the owner

• One of the most common misconceptions about
  reverse mortgages is that you are giving up
  ownership of your home to the mortgage lender.
  This is not true. In exchange for paying your
  property taxes and homeowner's insurance, you
  retain ownership of your home. So you dont have
  to worry about the ownership of your house.

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You can select from several options for
disbursement.

• Every senior has different needs. Therefore,
  different disbursement options are available to
  cover different needs. In addition, you have the
  option to receive funds in full or in part, as a
  line of credit, in monthly instalments, or as a
  mixture of these options. It is all up to you.

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How long are loan proceeds distributed?

• You can choose how you want to access the loan
  proceeds and how long the loan will take. There
  are many options available for obtaining
  proceeds, including accessing them all at once,
  in monthly instalments over a set period or while
  living in the home, or through a line of credit.
  Our home equity solutions professionals will walk
  you through your options to determine which is
  best for you.

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How does a reverse mortgage work?

• Reverse mortgages are unique financial tools in
  that they allow borrowers to access their home
  equity without being responsible for monthly
  mortgage payments. In retirement, you can access
  cash with a reverse mortgage to supplement your
  income.

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How can I learn more about Reverse Mortgages by
calling PierPoint Mortgage?

• PierPoint Mortgage's Reverse Mortgage
  Professionals undergo a comprehensive training
  program and licensing process. Also, our
  professionals are trained in customer service and
  how to connect with people. Due to this, our loan
  officers are thoroughly knowledgeable and strive
  to share as much of that knowledge with you as
  possible, so you can make an informed and
  educated decision. We recognize that your
  situation is unique and deserves the best reverse
  mortgage lender to provide you with personalized
  attention.

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Contact Us

• PierPoint Mortgage
• (844)-241-7720
• frontdesk_at_pierpointmortgage.com
• https//pierpointmortgage.com
• 3088 Sheffield St ste b, Muskegon, MI 49441