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Have you been told by a friend that the only way to meet some of the unexpected financial challenges that you face in retirement is to sell your home, and move into a rental property? It may not be your only option.
A Reverse Mortgage may be a viable option for staying in your home while lowering your monthly expenses.
A Reverse Mortgage may provide you with an option that allows you to remain in your home while eliminating your monthly mortgage payment. Contact us and let us help you evaluate your situation. It may be possible to eliminate your monthly mortgage payment through the use of a Reverse Mortgage, while enabling you to remain living in your home for as long as you are able without having a monthly mortgage payment.
For the loans presented we are a Mortgage Broker only, not a mortgage lender or mortgage correspondent lender. We will arrange loans with third-party providers but do not fund the loans directly. We will not make mortgage loan commitments for these loans..²There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower is still responsible for paying property taxes, homeowner’s insurance and maintaining the property to HUD standards. Failure to do so could make the loan due and payable. Credit is subject to age, income standards, credit history, and property qualifications. Loan rates, fees, terms, and conditions are not available in all states and subject to change.³Borrowers should seek professional tax advice regarding reverse mortgage proceeds. *Borrowers must continue to pay property taxes, homeowner’s insurance, and home maintenance costs.
This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.
*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.
Kenny Hawthorne |
NMLS #1647665
Ken Kennedy |
NMLS #1627908
Retirement Mortgage Specialists
605 S Orchid
White Oak, TX 75693
Phone: 903-235-7114
C2 Financial, NMLS #135622
This licensee is performing acts for which a mortgage company license is required. C2 Financial Corporation is licensed by the Texas Department of Savings and Mortgage Lending, NMLS # 135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. The services referred to herein are not available to persons located outside the state of Texas.
Corporate Address: 10509 Vista Sorrento Pkwy #400 San Diego, CA 92121 Texas
Complaint/Recovery Fund Notice: (https://www.sml.texas.gov/wp-content/uploads/2021/07/rmlo_80_200_b_recovery_fund_notice.pdf)
Tyler, Longview, East Texas, Texas
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