Michael Friedman - Reverse Mortgages
215-901-6521 | Available 24/7
215-901-6521 | Available 24/7
Illustrative case studies showing how a reverse mortgage can reshape monthly cash flow, replace lost income, and establish long-term security. Examples are for illustration purposes only; numbers vary by state.
Meet Robert, age 77. He wants to pay off his existing mortgage to free up more cash flow for aging-at-home services.
|
Mortgage
|
Costs
|
|---|---|
| Home value | $610,000 |
| Current loan | $225,000 (8 years left, 4.0%) |
| Monthly payment | $2,300 |
Meet Carol, age 80, a widow who sought upfront cash to cover the costs of her husband’s final care and replace lost income.
Meet George (75) and Barbara (68), referred by a financial planner to hedge against longevity risk as retirement income draws deplete assets.
