It's really important that everyone has a better understanding about this incredible opportunity and not rely on secondhand or misguided information.
Eileen Kennedy has spent the past 18 years assisting clients with their mortgage needs, and has been working exclusively Reverse Mortgage program since 2003.
Reverse Mortgage Colorado works directly with Approval Reverse Mortgage.*
Eileen has a passion for working with seniors and helping them age gracefully in their own homes.
In her spare time, Eileen volunteers with Single Volunteers of Greater Denver, Bessie’s Hope, Dani’s Foundation and Howard Dental Center.
When you need to learn the facts from an experienced, trusted Reverse Mortgage Advisor, you need to get in touch with Eileen Kennedy of Reverse Mortgage Colorado.
Call Eileen at 720-272-8125 or email her with any questions you may have. You'll be pleasantly surprised by the real facts about a reverse mortgage.
*Eileen Kennedy is a Loan Officer for Approval Reverse Mortgage, CO License #100023765; NMLS #286959.
What Is A Reverse Mortgage?
You have spent years building equity in your home by paying off (or paying down) your mortgage. Isn't it about time you were able to put your money to good use for you? A Reverse Mortgage is a government insured loan which allows homeowners (aged 62 and over) to take out a portion of the equity in their house and turn it into cash.
That cash can be used in whatever way the homeowner desires. A Reverse Mortgage Colorado transaction truly is a way to achieve peace of mind and improved lifestyle for the loved Seniors in all our lives.
Why The Confusion About Reverse Mortgages?
You've probably heard a few facts here and there about what a Reverse Mortgage is, why it's good, why it's not so good.
Most likely, you've heard or read some confusing information that doesn't really give a solid reason to see a Reverse Mortgage as a smart financial tool well worth looking into.
More than two thirds of the seniors in our country are not aware of the benefits of a Reverse Mortgage. For those who have heard about a Reverse Mortgage, 90% of them are misinformed. Because of that misinformation, many seniors whose lives could absolutely change for the better are fearful and distrusting about the process and terms.
Reverse Mortgages are also misunderstood by well-meaning family members and also by financial professionals that many seniors rely upon for financial guidance.
Another sad but disappointing reality is that many financial professionals do not profit from setting up reverse mortgages for their clients so the clients may never have the chance to take advantage of this life changing program.
