Purchase a New Home with a Reverse Mortgage

Today we are finding seniors are looking to purchase a new home for the following reasons:

1. Downsizing to lower their monthly expenses for taxes, insurance, and monthly overhead costs.
2. Moving closer to children and grandchildren where they work and live.
3. Purchasing a new home in a Retirement Community.
4. Being able to not be "house rich and cash poor"
5. Using a Reverse Mortgage versus a Home Equity Loan so they no longer will need to have a monthly payment.
6. Have the opportunity to be able live in a "Standard of Living they Deserve"

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