On today’s SETX Senior News we look at reverse mortgages for the Port Arthur – Mid County area.
Mid County reverse mortgage specialist Zebulon Lowe at Open Mortgage will help us understand this financial tool for Golden Triangle senior citizens.
SETX Seniors: At what age do Port Arthur seniors qualify for a reverse mortgage?
Open Mortgage: Open Mortgage can assist seniors across Southeast Texas who are 62 years of age and over with reverse mortgage programs.
SETX Seniors: For our seniors who are not quite sure what a reverse mortgage is, how would you explain the program?
Open Mortgage: A reverse mortgage is a special financial tool for Southeast Texas senior citizens that allows them to use the equity in their house for special needs that arise. They can even use a reverse mortgage to supplement their retirement income- a big help to many Southeast Texas seniors currently. For detailed information, give us a call and we can answer all of your SETX reverse mortgage questions personally.
SETX Seniors: What are some of the main financial advantages reverse mortgages offer our Mid County seniors?
Open Mortgage: There are a number of advantages that have been popular with our clients across The Golden Triangle. Here are some of the ones our Mid County seniors really seem to appreciate:
- Are you tired of making mortgage payments? With your SETX reverse mortgage, you do not have to make mortgage payments any more (see ad below for more information and parameters).
- Do you feel it is a hassle to access your home equity through your bank? That’s one of the key features of reverse mortgages- letting you access your equity without the hassle.
- All Southeast Texas senior citizens have different financial needs. At Open Mortgage, we can help Golden Triangle seniors with a reverse mortgage that either provides them a lump sum of cash (great if you need a major purchase like a new vehicle), structured monthly payments (ideal for supplementing your SETX retirement income), or you can choose a line of credit – perfect for home remodeling projects.
- The number one feature Southeast Texans appreciate with reverse mortgages is that they DO NOT AFFECT MEDICARE.
Would you like more information about reverse mortgages in the Port Arthur – Mid County area and across Southeast Texas?
Contact Open Mortgage Today:
- Zebulon Lowe
- (409) 920-2676
- 2300 Hwy 365. Suite 330. Nederland Tx.
We hope today’s SETX Senior News has been helpful.
Stay tuned for more right here on SETXSeniors.com – your Southeast Texas senior newspaper, online 365 days a year.
