Equity Solutions for Aging-in-Place

Myths vs. Facts About Reverse Mortgages

  • Myth: You lose ownership of your home.
    Fact: You remain the homeowner while unlocking equity.

  • Myth: The bank can take your home.
    Fact: As long as you live in your home, keep it maintained and pay taxes and insurance, it’s yours.

  • Myth: Your children will be left with debt.
    Fact: Reverse mortgages are federally insured, so heirs never owe more than the home’s value.

  • Myth: They’re only for people in financial trouble.
    Fact: Many families use them as financial planning tools to create flexibility and peace of mind.

What is a Reverse Mortgage?

A reverse mortgage allows homeowners age 62+ to access part of their home equity without selling or making monthly mortgage payments. You keep ownership of your home while gaining financial flexibility and stability.

What is a Reverse to Purchase?

A Reverse to Purchase is a powerful tool that allows older adults (62+) to purchase a new home using a reverse mortgage. Instead of paying cash in full or taking on a traditional mortgage, you use a combination of a down payment (from the sale of your existing home) and a reverse mortgage to finance your purchase.

This option can:

  • Eliminate monthly mortgage payments while keeping ownership of your new home

  • Right-size your living space, move closer to family, downsize, or choose a home that better fits your needs

  • Free up savings by reducing the amount of cash needed upfront

  • Support aging in place safely by allowing you to choose a home with accessible features or fund modifications

With Reverse to Purchase, you can transition into a home that better supports your lifestyle while keeping financial flexibility and peace of mind.

How Equity Can Help You

  • Fund home modifications for safety and accessibility

  • Cover in-home care or health expenses

  • Support downsizing into a safer or smaller home

  • Take a much-needed vacation or enjoy retirement more fully

  • Reduce monthly financial strain

  • Provide security to age where you feel most comfortable

Why Work With Seniors Home Zone

As a Senior Home Coach™ and Reverse Mortgage Specialist, Rebecca Finegan guides families with clarity and compassion. She guides families through the process, helping them understand all options before making decisions.

👉 Visit Rebecca’s Reverse Mortgage Page

Next Step

Curious if a reverse mortgage is right for you or your loved one, schedule your consultation?

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