Reverse Mortgage MN - Reverse Mortgages SIDAC Uses of Reverse Mortgage Proceeds

Sam and Tina wanted to purchase a new car but didn't have much in the way of savings. With a Reverse Mortgage they were able to purchase a car without having any payments. Working with a financial planner, they also took some of the money and did some long term care planning.

Make home repairs

Elaine needed some repairs done to her home. They were more than she could afford on her limited income. She did the Reverse Mortgage to pay for the repairs and to have extra funds for supplementing her income.

Make home modifications

Cover perscriptions and medical expenses

Pay for long-term care

Joe needed a hearing aide but couldn't afford it with his Social Security benefts. Rather than taking money from his savings, he did a Reverse Mortgage. He also used some of the money to put new siding on his home.

Eliminate Mortgage Payments

Lisa and George had a small mortgage remaining on their home. It was difficult to make the monthly payments so they did a Reverse Mortgage to eliminate the payments. There was a balance that they left in a line of credit for future use.

Travel Use your reverse mortgage to travel

Helen was struggling to meet her living expenses with just her Social Security Benefits. She also had always dreamed of traveling. The Reverse Mortgage provided the extra cash she needed and she was able to fulfill her dreams of traveling.

Pay for everyday living expenses

Have cash available for emergencies

Improve cash flow

Maintain lifestyle and have "elbow room"

Use for financial planning tool

As Marie was working with her financial advisor, she did the Reverse Mortgage using the proceeds for financial planning.

Strengthen personal and financial independence

Help pay for grandchild's education

Purchasing a new home
(If you are over 62 and purchasing a new home, call us to learn how a reverse mortgage can provide financing and eliminate your mortgage payments.)

Use for whatever one wants or needs to fulfill goals and dreams.
What would you do with extra cash?

Call: Prestige Mortgage LLC

Reverse Mortgages SIDAC, The Experts Excelling In Service

651-762-9648 Toll free: 1-877-590-9648

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SIDAC provides Security, Independence, Dignity and Control

SIDAC provides Security, Independence, Dignity and Control

Prestige Mortgage LLC

The Experts Excelling In Service providing
Security, Independence, Dignity, and Control
by helping senior homeowners over 62 convert
the equity of their home into cash,

faster and easier, with reverse mortgages.©

Prestige Mortgage, LLC Give us a call: 651-762-9648 Toll free: 1-877-590-9648 Sitemap