Utah Reverse Mortgage team

Utah Reverse Mortgage team

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Reverse mortgage planning

02/05/2020

I gave a presentation last week about reverse mortgages and where they could be use. Many people asked me to record this so they could see it again.

To summarize,
1. Use a reverse to buy a new home.
2. Use a reverse to pay off another mortgage, freeing up your monthly cash flow so you can retire comfortably.
3. Use is as a planning tool to pay the taxes on a Roth IRA conversion.
If you are 62 or older or know someone who is, lets talk about how a reverse mortgage can free up your cash flow, lower taxable income and help you insure you don't outlive your money.
Fairway Independent Mortgage
NMLS #308194
801-742-5387

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Lehi, UT
84043

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