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scs live it up 072718

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SANTA CRUZ SENTINEL FRIDAY, JULY 27, 2018 LIVE IT UP! 9 M any homeowners in Santa Cruz can take advantage of a new Reverse Mortgage program called Equity Edge Reverse Mortgage that is designed for higher-value homes and available to homeowners as young as 60! Although this program is designed to increase access to home equity for older homeowners with property values over $700,000 and up to 4 million, it is also the only program with the lower age requirement of 60 and available for purchase as well as refinance. is multifaceted product is geared towards homeowners and homebuyers looking for alternatives to traditional mortgages or home equity lines and prefer to have payment flexibility. At last there is an option for those who own or want to purchase a non- FHA-approved condominium. is product has been needed in Santa Cruz for the many small, 4 to 8 unit condo complexes and larger higher priced complexes without an FHA approval. Finally there is a "yes" answer for all who have requested information about their non- approved condo or the homes with greater value than the FHA limit of $679,650 with current mortgages over $400,000. As the Baby Boomer Generation starts to retire in greater numbers, the introduction of JUMBO Reverse Mortgage plans that take the higher value homes into consideration may be the answer for many who want to age in place and be able to afford a comfortable, reliable income stream throughout their golden years. Donald Dimitruk is a Registered Financial Consultant® and a Registered Mortgage Advisor and is available for a FREE consultation about how a Reverse Mortgage may benefit you at Countryside Financial Services. 831-464-6464 Serving Santa Cruz for 40 years! BY DONALD DIMITRUK, RFC®, RMA JUMBO New Reverse Mortgage Programs are Here to HELP! Registered Financial Consultant® Registered Mortgage Advisor California Life Agent #Of20144 BRE#10902537 NMLS#232493 Professional Mortgage Associates Donald Dimitruk• 831-464-6464 donald@countrysidefinancial.com www.ReverseMortgageOpportunity.com Serving Santa Cruz for 40 years! Established in 1978. YOU CAN SHARE THE DREAM COUNTRYSIDE FINANCIAL SERVICES Celebrating 40 Years in Business! THANK YOU SANTA CRUZ! Specializing in Senior Financial Reorganization Use your home equity with NO PAYMENT for LIFE to: • Improve quality of retirement years • Relieve financial stress • Eliminate old debt • Plan for medical needs and in-home care • Create Financial Legacy for family Call Us Today! • Questions answered on the phone • Real dollar amount quoted on the call • Clear explanations of exactly how a Reverse Mortgage can work for you!

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