Louisiana Reverse Mortgages

If you are at least 62 years old with fair to excellent credit and you’re searching for a financial solution that will provide tax-free income to you for as long as you own your home, let us help! Trinity can find a reverse mortgage solution that may be ideal for you; enjoy having supplemental income during your retirement. In addition, you always own your home, which will pass to your heirs when the time comes. Our clients enjoy many benefits when they choose a reverse mortgage:

Benefits of a Reverse Mortgage in Louisiana

HECM for Purchase allows you to purchase a home and get a reverse mortgage in one step.

Enjoy retirement without being financially strained. Income from a reverse mortgage is tax-free (consult your tax professional).

Qualify for the money with few conditions.

Use the funds for anything you need: purchases, travel, bill consolidation, and more.

Your home can be turned into a home pension!

Eliminate your mortgage payment!

A reverse mortgage in Louisiana is a great way for many senior homeowners to enjoy financial freedom. It can be thought of as a tool that homeowners and financial planners use to supplement retirement income; some financial planners also use it to postpone Social Security payments for clients so that they receive higher benefit payments. Trinity has been helping clients get that extra income they need to consolidate debt, pay bills, travel, and anything else since 2005! In fact, our owner and founder – Michael Fullam – is a Certified Senior Advisor (CSA); he understands the financial decisions that influence your life most and is able to best serve your financial needs.

Do You Qualify for A Reverse Mortgage?

If you own your own home in Louisiana, it’s your primary residence, there is equity in your home, and you are a senior with at least fair credit, you probably qualify. We can help match you with a number of excellent reverse mortgage solutions, and are fully committed to connecting you with the very best one for your needs. We can find the most beneficial jumbo reverse mortgage or HECM solution for you, too.

If we find that a reverse mortgage wouldn’t be the best solution for your situation, we may recommend a consultation with a financial planner, a traditional mortgage refinance, or trade properties and then do a reverse mortgage. We also may recommend that you make no changes to your current loan.

How Will You Receive Your Payments?

Trinity clients enjoy several ways by which they can receive income from a reverse mortgage:

• They can choose a lump sum payment at close (or at any time they like).
• Monthly payments over the life of the youngest borrower is another option; these are known as tenure payments.
• Term payments are available, which are made over a term you choose, usually over months or years.
• You can choose an equity line (or credit line) that accrues interest on funds that remain on the line.
• Why pick just one? Choose any combination of these payment options!

Call Trinity Today

If you’re worried about money during your retirement, or you’re concerned that you might not be able to retire on time, we want to help you; our staff members all uphold the same ethics and principles under which Certified Senior Advisors work.

Thank you for putting your trust in Trinity – we look forward to hearing from you!

*Trinity Mutual is not a lender, but a mortgage broker who looks for the best lender for your loan.