With a reverse mortgage company at your side, you can enjoy your retirement in Plano, your way. From enjoying outdoor recreational activities to participating in community events in Plano and the surrounding neighborhoods, a reverse mortgage gives you the financial freedom to enjoy your retirement.
At Senior Lending Corporation, we help seniors in Plano access their home equity for retirement. Your home’s equity is your largest asset, and you can use it to pay off an existing mortgage and other expenses, supplement your income or pay for whatever you wish.
Work with a trusted reverse mortgage company in Plano to secure flexible financing. We offer a federally insured Home Equity Conversion Mortgage (HECM) that allows you to borrow against your home’s equity without paying monthly mortgage payments. You can access a reverse mortgage as a monthly income supplement, a lump sum or a combination of these options.
Lending money via a HECM in Plano does not change ownership. You will still own your home and have the right to sell it. Repayment occurs after the last surviving spouse passes away, moves out or sells.
Watch the “Blind Test” video to see why over 1 million retirees have chosen a HECM Reverse Mortgage Line of Credit!
A reverse mortgage is a valuable tool for accessing a segment of your home’s equity. It is particularly beneficial because it strengthens your financial flexibility without increasing your tax burden. The Internal Revenue Service (IRS) identifies a reverse mortgage as a loan rather than income, meaning it is tax-free. Keep in mind that you still have to pay property taxes and homeowners insurance as usual.
Other benefits of a reverse mortgage include:
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Reverse mortgages are within reach for many homeowners who meet these qualifications:
There are 5 main steps to the reverse mortgage process. The entire process can all be done from the comfort of your home or in person whichever you prefer.
When looking for reverse mortgage lending in Plano, TX, get expert advice from your trusted local mortgage advisor, Senior Lending Corporation. We’re a reputable reverse mortgage company with years of experience helping homeowners attain financial peace of mind.
Additional reasons to choose us include:
Enjoy your retirement with a reverse mortgage from Senior Lending Corporation. We stand out from other reverse mortgage companies in Plano because we prioritize your financial needs. We will also support you through counselling to help you understand this financial product before applying.
Call 800-822-1190 or contact us online to speak to a licensed reverse mortgage advisor.
