Lifestyle Home Loan Purchase Lunch & Learn for Boomers
who are 62+
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What You Will Learn:
- What are the benefits of the Lifestyle Home Loan for Purchase Program
- The HECM program has been available for 34 years.
- As a Boomer _ it's you passport to a successful retirement
- How to Qualify for the HECM Programs
- What Types of Property can be purchased using the Program
- How to significantly INCREASE your home purchasing power
- Why paying cash for your next home may jeopardize your retirement plan
- 10 Frequently Asked Questions
If you're in the retirement phase of your life then paying cash or using traditional financing to purchase your next home may negatively impact your retirement plan.
If you pay cash for your dream home then you have a significant portion of your life savings tied up inside a bunch of bricks and mortar instead of having access to that money for things like generating additional monthly cash flow, travel, or healthcare.
If you use traditional financing then you've added a mortgage payment to your monthly obligations for years into the future.
If your dream is to live in a new or newer home, close to friends and family, without having to put a big portion of your life savings on the line, then I have good news for you.
There is a little known FHA-insured loan program for those 62+ that you need to know about called the Lifestyle Home Loan for Purchase Program. It has been available since 1988. Wow!