Issue link: https://www.ifoldsflip.com/i/818127
SANTA CRUZ SENTINEL FRIDAY, APRIL 28, 2017 LIVE IT UP! 7 REVERSE MORTGAGE information Donald Dimitruk• 831-464-6464 donald@countrysidefinancial.com www.ReverseMortgageOpportunity.com Registered Financial Consultant® Registered Mortgage Advisor California Life Agent #Of20144 BRE#10902537 NMLS#232493 Professional Mortgage Associates Serving Santa Cruz for 38 years! Established in 1978. YOU CAN SHARE THE DREAM Thinking of Downsizing? Here's how to be more successful... Find out exactly how a REVERSE MORTAGE PURCHASE program works. This changes everything! Questions answered on the phone. Real dollar amounts quoted on the call. Same amount of money Completely different results! $290,000 Home with cash $636,000 Home with HECM purchase program With $290,000 a 70 year old can either buy a small home for cash OR buy a $636,000 home in Santa Cruz. Either way equals ..... No Mortgage Payments for life! owners are generally unaware of and that is the Reverse Mortgage Purchase Program. Basically if a homeowner over 62 years old is considering selling the existing home for one with less mainte- nance, fewer stairs to go up and down and an opportunity to un- lock some of the wealth that has built up in home equity over the years this program may be the opportunity worth looking into. Basically an approximate 50% down payment will buy the home with no future payment for life except taxes and insurance. So it can work like this. You sell the $700,000 house and put $350,000 down on the new $700,000 house or townhome and put all the remaining $350,000 into your retirement fund minus the real- estate commission and taxes. If a picture is worth a thousand words then and you might get the idea from my ad in this issue. ere is a great opportunity in this program and the details are personal depending on your exact age. If you are considering downsizing I would be happy to run a HECM Purchase Program illustration for you and explain all the details. ere is no obli- gation and the opportunity to improve your retirement future may be a very pleasant surprise. Call me at 831-464-6464. 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 (831) 464-6464. C o n t i n u e D F r o m p g 6 "this may sound too good to be tRue but i assuRe you that this is Really how the hud home equity conveRsion moRtgage actually woRks."