This is my first Blog. My name is Matthew Butt with Evolution Mortgage LLC in Boscawen NH a small family owned mortgage broker licensed in New Hampshire and Maine.
I want to discuss Reverse Mortgages with you. If you are 62 and over or know someone who is (parent, uncle/aunt etc...) a Reverse Mortgage may be an excellent opportunity for them to enjoy their retirement vs. surviving it!
I have had a client that was on a fixed income that lost 40% of their retirement income -- the client was not invested correctly BUT they still need to live, pay taxes and eat! I was able to take this client from a desperate situation to a comfortable one! The client now has a line of credit that does not require a payment. This line of credit can be utilized to pay their taxes or for whatever purpose needed.
There are good bad and ugly items about a Reverse Mortgage that I will be exploring here more and more. I look forward to comments. You can find us on the web at http://www.new-hampshire-home-mortgage.com/
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