{"id":461,"date":"2017-02-22T18:15:42","date_gmt":"2017-02-22T18:15:42","guid":{"rendered":"http:\/\/marioshomenews.com\/?p=461"},"modified":"2017-02-20T21:54:52","modified_gmt":"2017-02-20T21:54:52","slug":"reverse-mortgage-for-new-home-purchase","status":"publish","type":"post","link":"https:\/\/marioshomenews.com\/?p=461","title":{"rendered":"Reverse Mortgage for New Home Purchase…"},"content":{"rendered":"
\"Reverse<\/a>

Reverse Mortgage for New Home Purchase<\/p><\/div>\n

 <\/p>\n

Reprinted from Reverse Mortgage Daily<\/p>\n

Reverse Mortgage for New Home Purchase…<\/h2>\n

 <\/p>\n

Reverse mortgages have many different uses which can accommodate a variety of your personal needs. \u00a0However, one particular usage is often overlooked. \u00a0This is for you to be able to use a reverse mortgage for a new home purchase.<\/p>\n

At the most basic level, the major benefit of this tool is that it allows homeowners age 62 and older the ability to obtain a reverse mortgage. \u00a0And, then buy a new home all within a single transaction. But there are also other benefits to this unique product which may not seem so obvious.<\/p>\n

\u201cIn terms of coordinating the use of debt for housing, the ability to not make a monthly mortgage payment reduces your fixed costs. It also provides you potential relief for the need to spend down investments,\u201d according to the experts.<\/p>\n

The HECM for Purchase could also allow you the opportunity to downsize, or even upsize, into a new home during retirement.<\/p>\n

If you downsize, experts note this tool could also free up more assets from the sale of the previous home, which could then be invested for future use.<\/p>\n

If you’re upsizing, and you have the financial resources to manage this, experts advise this could allow for a more expensive home. \u00a0This is key particularly when you consider the potential difficulty of obtaining a traditional mortgage after retirement.<\/p>\n

 <\/p>\n

Why Work with Mario Quintero<\/h2>\n

Is a reverse mortgage right for you? \u00a0Have a look at your options with the help of Mario Quintero of STC Loans<\/a>. Mario has been in the reverse mortgage business since 2002. His experience is tested and true. Mario has helped thousands of clients secure and supplement their retirement through a reverse mortgage.<\/p>\n

Mario Quintero, principal of Strock and Tanner Mortgage<\/a>, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.<\/p>\n

Get in Touch with Mario<\/h2>\n

I\u2019m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.<\/p>\n

Call me today at 305-598-1600 or contact me here.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

  Reprinted from Reverse Mortgage Daily Reverse Mortgage for New […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44,47,103,43,41],"tags":[59,58,14,52,20,78,11,73,8],"class_list":["post-461","post","type-post","status-publish","format-standard","hentry","category-florida-reverse-mortgage","category-miami-mortgage-broker","category-miami-realtor","category-miami-reverse-mortgage","category-reverse-mortgage","tag-benefits-of-a-reverse-mortgage","tag-florida-mortgage-broker","tag-florida-reverse-mortgage","tag-miami-home-loans","tag-miami-mortgage-broker","tag-miami-real-estate-agent","tag-miami-reverse-mortgage","tag-remaxx-realty-group","tag-reverse-mortgage"],"yoast_head":"\nReverse Mortgage for New Home Purchase... - Mario's Home News<\/title>\n<meta name=\"description\" content=\"Reverse mortgages have many different uses that can accommodate a variety of personal needs. 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