Axia Home Loans - Reverse Division

As heard on Tom Kelly, Real Estate Today, KIRO 97.3:

Tom Kelly here and if you're retired, I really want you to listen to this message. Especially if you're feeling any financial burden. A lot of times, social security just isn't enough. Pensions dry up, so how can you retire comfortably? Let me introduce you to Diane and Ron from Yakima. A year ago they purchased their dream home, but the mortgage payment proved too high. So Diane, who was just 64, explored the idea of a reverse mortgage with Axia Home Loans. That call paid off big time! She found out that because of the improvements they made, they could do a reverse mortgage and pay off their existing loan, eliminating that payment as long as they lived in their home, provided they pay their taxes and insurance on time and keep the home in good repair. This could easily be 25 years! Folks, retirement doesn't have to be a burden. A reverse mortgage could be the answer you've been looking for. Call the Axia Home Loans Reverse Mortgage hotline today at 1-800-963-8011.

Listen to the audio:

As heard on Tom Kelly, Real Estate Today, KIRO 97.3 from 9am-10am on Sundays:

This is Tom Kelly. There are several of you listening to this program who feel trapped. You're retired, trying to live off social security, but it’s not enough. You own your own home, but don't know if you can tap into your equity. Well I want to tell you about Dean Daniels from Issaquah. Dean bought his home back in 1993. He had a sizable mortgage he took out to start a business that unfortunately failed. Dean was hurting. With his business failing, his income was down, but be still had sizable mortgage payments. That's when he called Axia Home Loans. He had enough equity in his property to do a reverse mortgage, which gave him $30,000 in proceeds. Best of all, as long as he pays his taxes and insurance on time and keeps his home in good repair, Dean gets to stay in his home without needing to make a monthly mortgage payment. Retirement doesn't have to be a burden. A reverse mortgage might be your best answer. Call the Axia Home Loans Reverse Mortgasge hotline today at 1-800-963-8011.

Listen to the audio:

Ask about the New HECM Saver: A Senior Alternative to HELOCs

WHY A REVERSE MORTGAGE

You have probably heard of the Reverse Mortgage and how it might improve your financial well-being and enhance your retirement. Now you can learn more about it, first-hand, from one of our Senior Home Advisors. Without cost or obligation to you, our Senior Home Advisors will explain this innovative option, its benefits and limitations and help you determine if a Reverse Mortgage is your best option. Reverse Mortgages allow you to benefit from the equity you have established in your home and use it for whatever you wish with no repayment obligations for as long as you live in the home you did the HECM Reverse Mortgage on.

THE NEW FHA INSURED HECM SAVER PROGRAM

The New FHA Insured HECM Saver program is ready to fill a void, namely the group of seniors who have seen cost as a hurdle. This is the next step in the government’s version of the reverse mortgage program HECM or "Home equity conversion mortgage".

The main opportunity is for seniors who have turned to a HELOC in order to meet their cash needs. There are more than 1.5 million seniors who have a HELOC with an average loan amount of $50,000. There are at least 6 times as many seniors using HELOC’s as there are seniors with reverse mortgages and they are using it for purposes other than paying off their mortgages. After the collapse in the real estate market, the availability of HELOCs from banks have been dramatically reduced making the HECM Saver an attractive option. Consider also that banks can call due a HELOC at anytime or restrict the available funds at their discretion and you still have a monthly payment…none of which are required under a HECM Saver.

If you would like to hear more about the HECM Saver program please call us at 1-800-963-8011 and mention promo code SAVER01.