How Much Money Can I Get?
This is usually one of the first questions someone investigating the possibility of a reverse mortgage will ask. There are numerous sites and reverse mortgage calculators on the Internet that require you to answer only a few questions before providing you with ‘What You Can Expect To Receive’ from the program.
Due to having more than one product in the Reverse Mortgage market, it’s important for you to understand the different features available. The basics of the program are the same across the board; however, there are nuances that may make one selection more appealing in your particular situation. In a confidential, face-to-face meeting we can discuss the pluses and minuses of one selection over another.
I never want to mislead anyone, nor do I want you to make a determination based on what a quick calculation reveals without you knowing all the facts. The net proceeds from the online calculation may be more or less than the actual amount would be based on your selection of the program that would best suit your particular situation. In other words, online calculators are not ‘One Size Fits All’.
Please feel free to contact me via e-mail, voice mail, or by filling out and submitting the Contact Information form on this website. After a brief chat (written or verbal), I’ll be able to run the numbers for you and let you know approximately how much you can expect in reverse mortgage proceeds based on your specific information.