Community News
Downsizing Solutions

In an evolving real estate market, many clients are turning to reverse mortgages to secure new properties for downsizing. Reverse mortgages provide financial flexibility, allowing clients to buy a new home before selling their current one. Some keep the old home as a backup, while others move out and renovate it for a higher sale price. With traditional mortgages and secured lines of credit becoming harder to qualify for, homeowners are leveraging reverse mortgages, which have no income requirements, to position themselves advantageously.

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