Seniors, did know that if you are 62+ and own your home, you may be able to pay off your existing mortgage with a Home Equity Conversion Mortgage in Nashville

Seniors in Nashville, did know that if you are 62+ and own your home, you may be able to pay off your existing mortgage with a Home Equity Conversion Mortgage (Reverse Mortgage) in? Chris Brundige with FirstBank Reverse Mortgage, says that one of the most frequently...

A HECM Reverse Mortgage in Nashville Could Help Seniors 62 Use Their Largest Asset in Their Retirement Plan

If you own your own home and are at least 62 years of age, FirstBank, a reverse mortgage lender in Nashville, could provide you an opportunity to turn some of your home’s equity into cash. If you live in your home, a HECM reverse mortgage allows you to borrow against...

Seniors are using the Home Equity Conversion Mortgage to protect the value of their largest asset and supplement their retirement income.

Imagine that you are about to retire. You don’t have much debt, your Social Security benefits are about to start and in between that, your pension and savings, you will be in a position to make it through the month. You were relying on your equity in your home to help...
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