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*Consult a tax specialist. Dan Casagrande NMLS#5601104, Synergy One Lending Inc. d/b/a Mutual of Omaha Mortgage. NMLS ID 1025894. 3131 Camino Del Rio N190, San Diego. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. License 4131356: These materials are not from HUD or FHA and the Document was not approved by HUD, FHA or any Government Agency. Subject to credit approval. www.nmlsconsumeraccess.org I will answer your questions by phone, email or in person. Call today for a free no-obligation quote. P 831.423.2900 PRESIDENT'S PLATINUM CLUB 2013-2020 2013-2020 TOP VOLUME PRODUCER • Reverse Mortgage FHA lending limit is now $822,375. Now may be the time to do a reverse mortgage or refinance your current reverse or forward mortgage at historically low interest and MIP rates. • Additionally, our Jumbo Reverse Mortgage Program may offer you a loan amount up to $4,000,000. Tax-free cash! Money to help you, your family members, or other loved ones. Premium Hearing Healthcare Dr. Jeannine is the only board- certified audiologist in the Santa Cruz and Monterey area. She diagnoses and treats hearing loss and specializes in tinnitus. At Harmony Audiology, solutions are tailored to your needs and values with a focus on patient- centered care. www.harmonyaudiology.com (831) 854-2882 820 Bay Avenue, Suite 210 Capitola, CA 95010 JeanneAnne ("Jeannine") Ramacho-Talley, Au.D., CCC-A, CH-TM American Board of Audiology Certified Client Scenario A 81-year old widow, whose husband passed away 8 months ago, is still working and earning over $120,000 a year. She owns a $1,500,000 luxury home and has a mortgage balance of $690,000 . Her monthly payment is $3,100 . She's in excellent health and wants to spend the rest of her life in her home. Assets $710,000 in 401(k), savings and mutual funds Social Security $2,250/month Pension None Goals I Concerns She would like to retire and start traveling while she's still healthy enough to enjoy it © Equal Housing Lender Call Today For More Information Dan Casagrande NMLS: #561104 Reverse Mortgage Specialist Cell (408) 297-0000 Office (831) 423-2900 1414 Sequel Ave. Santa Cruz, CA, 95062 dcasagrande@mutualmortgage.com www.mutualreverse.com/ dan-casagra nde Options 1. Continue working to pay the mortgage - she doesn't like this option . 2. Stop working and begin distributions to sustain lifestyle and pay mortgage . Estimated annual distributions needed are approximately $80,000 per year. 3 . Reverse mortgage pays off the $690,000 mortgage balance, and she receives an additional $123,961 .05 at closing. This reduces her income needs by $36,000 per year. Summary By choosing option 3, she was able to remove monthly mortgage payment obligation, retire, travel and live comfortably. She was able to significantly rescue her portfolio distribution, thereby increasing her odds of a successful retirement. HomeSafe 6.99% Fixed Interest Rate, Initial Rate 3.678%. Expected Rate 3.450%. APR (Annual Percentage Rate) 11.99% as of July 22 00 , 2020. Rates Subject to Change. Borrower must maintain home as primary residence and remain current on property taxes, homeowner's insurance, the costs of home maintenance, and any HOA fees. For use by financial planners only. Not intended for consumer use. MOOMR.0720.11.RB Borrower must occupy home as primary residence and remain current on property taxes, homeowner's insurance, the costs of home maintenance, and any HOA fees. Mutual of Omaha Mortgage, Inc., NMLS ID 1025894. 3131 Camino Del Rio N 1100, San Diego, CA 92108. Subject to Credit Approval. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any Government Agency. For licensing information, go to: www.nmlsconsumeraccess.org Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. License 4131356; Loans made or arranged pursuant to a California Finance Lender Law license, 60DB093110; Client Scenario A 81-year old widow, whose husband passed away 8 months ago, is still working and earning over $120,000 a year. She owns a $1,500,000 luxury home and has a mortgage balance of $690,000 . Her monthly payment is $3,100 . She's in excellent health and wants to spend the rest of her life in her home. Assets $710,000 in 401(k), savings and mutual funds Social Security $2,250/month Pension None Goals I Concerns She would like to retire and start traveling while she's still healthy enough to enjoy it © Equal Housing Lender Call Today For More Information Dan Casagrande NMLS: #561104 Reverse Mortgage Specialist Cell (408) 297-0000 Office (831) 423-2900 1414 Sequel Ave. Santa Cruz, CA, 95062 dcasagrande@mutualmortgage.com www.mutualreverse.com/ dan-casagra nde Options 1. Continue working to pay the mortgage - she doesn't like this option . 2. Stop working and begin distributions to sustain lifestyle and pay mortgage . Estimated annual distributions needed are approximately $80,000 per year. 3 . Reverse mortgage pays off the $690,000 mortgage balance, and she receives an additional $123,961 .05 at closing. This reduces her income needs by $36,000 per year. Summary By choosing option 3, she was able to remove monthly mortgage payment obligation, retire, travel and live comfortably. She was able to significantly rescue her portfolio distribution, thereby increasing her odds of a successful retirement. HomeSafe 6.99% Fixed Interest Rate, Initial Rate 3.678%. Expected Rate 3.450%. APR (Annual Percentage Rate) 11.99% as of July 22 00 , 2020. Rates Subject to Change. Borrower must maintain home as primary residence and remain current on property taxes, homeowner's insurance, the costs of home maintenance, and any HOA fees. For use by financial planners only. Not intended for consumer use. MOOMR.0720.11.RB Borrower must occupy home as primary residence and remain current on property taxes, homeowner's insurance, the costs of home maintenance, and any HOA fees. Mutual of Omaha Mortgage, Inc., NMLS ID 1025894. 3131 Camino Del Rio N 1100, San Diego, CA 92108. Subject to Credit Approval. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any Government Agency. For licensing information, go to: www.nmlsconsumeraccess.org Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. License 4131356; Loans made or arranged pursuant to a California Finance Lender Law license, 60DB093110; Customer Scenario