Daniel Ventura (NMLS#19372)
40R Merrimac Street Unit 301
Newburyport, MA 01950
A reverse mortgage can be effective in allowing seniors additional cash to live on by using a portion of the equity in their home. However, it is not a decision to be taken lightly. It's important to work with an experienced originator who can help you assess your unique situation to determine if a reverse mortgage is right for you.
The reverse mortgage changed our lifestyle because we could do more things.
The net result was about $700 worth of extra disposable income, and I think all of us could use an extra $700 a month.
The benefit to me is that I'm able to fulfill the commitment I made to my mother to keep her at home for the rest of her life.