Of the numerous people involved on both sides of our Brooklyn real estate transaction, Scott was the only one who seemed to have our best interest at heart. He was skillful in putting together our complicated mortgage, calm during the tumultuous months as the deal teetered off of several legal cliffs and in the end he was able to make moves that salvaged our approval timelines. He is trustworthy and knows the real estate market better than anyone. His number is the first I will call whenever a decision is to be made with regards to my home.
WHAT IS A REVERSE MORTGAGE?
Reverse mortgages offer unique features and benefits that aren’t available with traditional home loans. One incredible advantage of this product is the ability to eliminate your monthly mortgage payment. You only need to comply with the loan’s terms and pay your other payment obligations such as property taxes, homeowners insurance and maintenance.* This allows you to retain full ownership of your home and still have financial flexibility in your retirement.
Reverse mortgages also allow you to turn your home equity into tax free 1 cash. This cash can be used however you wish and does not need to be repaid for as long as you live in your home. Read more about home equity funds here.
Benefits of accessing home equity funds
What can you do with your home equity?
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