If you’re thinking about retirement, it can be tough these days. The market’s perpetually volatile, and there is nagging inflation that is making your decisions a little harder than they need to be. So, many older Americans are weighing their options, and for North Texans, that can mean having a discussion about reverse mortgage loans. These are simple, non-recourse loans that convert home equity into usable cash that provide an avenue to make improvements to retire in place comfortably, add extra financial security, or even purchase a second home closer to the grandkids.

When you are ready to learn about reverse mortgage loans, call Family Home Loan Texas in Frisco, TX. Our office is built to help people just like you to find a path toward a comfortable retirement, and we know how important HECM loans are in making that a possibility for many North Texans. These loans are only available to people once they have reached the age of 62 and own their home, so ask about whether they’re right for you. And if so, we’ve got options.

Planning to retire in place here in the Metroplex? Let Family Home Loans Texas help you make plans.

These days, older people are looking at their options. There are more possibilities than ever before in a retirement living space, including senior living communities in a range of shapes and sizes. But for some people, the best idea is to stay put, as aging in place offers some real opportunities. This can be a more cost-effective option, and it helps you to feel familiar in your space.

Here at Family Home Loan Texas in Frisco, TX, we work to help seniors understand their real estate options. One of those possibilities is a HECM loan, which is a specialized form of reverse mortgage that’s got the backing of the Federal Housing Administration. This simple, non-recourse loan allows those who have reached the age of 62 to convert your home equity into capital that you can actually use. And that’s letting seniors make needed improvements to their house, invest in their future, and think more about the now.

Ready to learn more about HECM loans? Call Family Home Loan Texas today to schedule a time to talk.

If you have recently retired, or if you plan to within the next year, it is important to take a look at all of your options moving forward. For some, the goal is to remain in their home for as long as possible; others would prefer to move to a dedicated retirement community, helping them to downsize a little bit and spend more time near people in their own age group. Both of these can be successful ways to go, but depending on your approach, you might have differing financial needs, and achieving a more flexible retirement is important to you.

At Family Home Loan Texas in Frisco, TX, we are here to help you learn a little more about reverse mortgages. In particular, we focus on HECM loans, which are home equity loans that are backed by the Federal Housing Administration. These loans are intended for people who have reached the age of 62, designed to help people convert their existing home equity into capital that can be used in a variety of ways. Whether you want to make improvements to the livability of your home or purchase a second property closer to your family, HECM loans provide opportunity. Call us today to learn more!

If you are like many homeowners in North Texas, then a significant part of your net worth is housed in your housing. While this can sometimes be beneficial, especially long-term, there might be things that you want to do right now. for those who have reached the age of 62, there is an option that works to convert an existing home’s equity into usable capital, which can be spent in a variety of ways. A HECM loan can be a part of a successful retire in place strategy, used to purchase a second home, and more, so you have possibilities.

At Family Home Loan Texas in Frisco, TX, we understand how HECM loans operate, and we help people to discover their options. Reverse mortgages provide a way to use your home equity how you would like, and they are increasingly becoming a solution for our aging population. HECM loans are insured by the Federal Housing Administration, giving you an added level of security in your decision. To find out more about whether a reverse mortgage is right for you, call our office today!

For many here in North Texas, a significant part of their financial future is tied up in their housing. While this has historically been seen as a way to reliably and safely improve net worth, it can also mean that you do not have access to that capital when you need to make home repairs, purchase a second property, or simply enjoy your retirement with less worry. That’s just one of the reasons why seniors are turning to HECM loans, which are an FHA-backed way to convert your home equity into cash that can be used in a variety of ways.

With our team of reverse mortgage professionals at Family Home Loan Texas in Frisco, TX, you can learn more about HECM loans. These are a specific form of reverse mortgage, and they bring distinct advantages, while being insured by the Federal Housing Administration. If it is time to talk about your financial future, ask about whether this approach is right for you and your family. To find out more about HECM loan reverse mortgages, call us today!