Reverse Mortgage Resources
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Freedom To Pursue Dreams
Denny and Donna C. - Georgia
“I was winding down the highway on my bike when I thought to myself ‘How can we afford to do this more often?’” Denny said. They knew that they wanted to remain in their home, so a Reverse Mortgage was a great option for keeping their residence, paying off bills, and getting extra cash. The more fiscally conservative of the two, Donna scrutinized the facts with an eagle eye, and concluded that it was the right decision. “I’m a saver and he’s a spender, and a Reverse Mortgage seemed to sit well with both of us” she said. As Denny was quick to interject, “The more we learned, the more we couldn’t see a downside. Why wouldn’t anyone do this if they’re in the right situation?”
With a Reverse Mortgage, the couple received a lump sum of more than $200,000. “For us, it worked out perfectly…it’s been the best thing we’ve ever done,” said Denny as he reminisces about some of his recent road trips. These days, the couple enjoys a newfound sense of freedom, having celebrated 40 years of marriage and raised six children, and now with more money in the bank than ever. |
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