Reverse Mortgages For Attorneys
Recent guideline changes to the FHA insured Reverse Mortgages have strengthened their usefulness as a financial tool for homeowners age 62 and older.
Learn how the Reverse Mortgage programs enable homeowners to access a portion of their home’s equity to obtain tax-free* funds without having to make monthly mortgage payments**. Your client continues to live in the home and maintains the title. Heirs inherit any remaining equity after paying off the loan balance.
6 Reasons Why Clients May Seek Advice from Attorneys regarding solutions from Reverse Mortgages
On Q Financial, Inc. is dedicated to providing responsible and strategic reverse mortgage advice for your clients.
*Please consult a tax advisor. ** Must continue to pay property taxes, insurance and maintain the home.
Just some of our happy clients
"I am very grateful to have been able to work with you and your associates in obtaining a reverse mortgage. My financial planner said that I was the perfect candidate and recommended using you to expedite everything. It went very smoothly and my income stream provided a preservation of my portfolio which has eased my mind. Thank you so much."
"Thank you for taking care of this for my mom, this is just what she needed to give her some financial breathing room."
"We selected On Q Financial Services after a recommendation from our financial advisor. We received a thorough education in not only the process but the important nuances that should be considered before making a final decision. On Q respected our need for detailed communication and also provided an understanding and insight into the process. We look forwards to recommending On Q Financial Services to our professional and personal associates, not only for your firm’s expertise but more importantly, the terrific personnel with whom we dealt along the way."
"A few years ago I was living in a house that did not suit my needs. With the assistance of Samantha Alspaugh, I signed up for my first Reverse Mortgage line of credit. Using this relatively low interest loan for construction funds enabled me to build a new house appropriate for my stage in life.
When my new house was completed, I sold the prior house and paid off my first Reverse Mortgage. I moved into my new home and then contacted Samantha for my second Reverse Mortgage Line of credit. My new home has some title and ongoing quirks. In spite of these issues a determined Samantha stuck with it and ultimately arranged my second Reverse Mortgage Line of Credit.
I first used this loan as a bridge loan, then I paid it almost off (not quite zero to keep the loan open). Now thanks to the financial flexibility offered by a Reverse Mortgage Line of Credit, I live in my dream home debt free and watch the line of credit funds available to me increase on a regular basis. Most importantly, I have peace of mind knowing that I have emergency funds available to me anytime just a phone call away.
Life is good"
Reverse Mortgage News
On Q Gives Back… in Charlotte, North Carolina Settled in the beautiful town near Charlotte just southeast of Lake Norman is Huntersville. In the heart of this city lies the Carillon Assisted Living of Huntersville where On Q’s very own Barbara Buchacker volunteers. ...read more
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