We had heard a lot of misinformation about a Reverse Mortgage. Then a good friend and financial professional at Golden Equity Mortgage provided us with a more educated view of the whole concept, and we realized this was the path for us. We chose to use the Reverse Mortgage as a financial planning and lifestyle tool, and these were the results. We eliminated our mortgage payment (for the rest of our lives). We still own and enjoy the comfort of our home. We were able to retain our savings. We could use the extra money to provide financial security, to travel, and to enjoy our “golden years”.
We were not in any way in "need", but the choice to go with a Reverse Mortgage and lose the big monthly payment has been an absolute blessing. The included Line of Credit is like a savings account on steroids. It was one of the best decisions we ever made. We have peace of mind about our future. We are carefree. We have the ability to do anything we want. Thank you Golden Equity!