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This Program Is Designed
To Help Homeowners
Your Home Is A Gold Mine
You've spent years, maybe decades, pouring your hard-earned money and heart into making your house a home. It's not just a property; it's a treasure chest brimming with memories and financial potential. Now, it’s time for that investment to pay off. Imagine transforming the equity you've built into financial freedom and comfort for you and your family.
You Won't Give Your House Up to the Bank
Your Heirs Will Keep the Property
Three Reasons Why You're Retirement Isn't Going According To Plan
(It's not your fault)
1. Inflation Wasn't Part of the Plan
Whether you're feeling the burn of rising costs now or not, remember that prices will continue to climb. Everything from your weekly groceries to annual insurance premiums is on an upward trend.
2. Unexpected Expenses
Life loves surprises, but not all of them are fun—like sudden home repairs or unexpected medical bills. These costs can really throw a wrench in your retirement plans. And when your family’s involved—maybe it’s braces for the grandkids or helping out your kids—it adds up even faster.
3. Health Care Cost
Healthcare costs are rising faster than ever, and for many retirees, this is an unforeseen burden that eats away at funds set aside for later years. The costs of prescriptions, routine treatments, and emergency medical care can become significant financial burdens.
Kevin Guttman
NMLS#384936
Description
Frequently Asked Questions
1. Doesn't the Bank End Up Owning My Home?
Keep the keys, while easing your financial squeeze!
Many financial solutions might leave you worried about losing control over your most valuable asset—your home. This program is designed with your security and autonomy in mind. Unlike typical financial arrangements, entering into a (HECM) does not mean the lender gains ownership or control over your property. You retain full title and ownership, and there's no requirement to repay the loan until you decide to move out or sell. This is not just another mortgage; it’s a groundbreaking approach that ensures you can tap into your home equity without compromising your home’s ownership or your peace of mind.
2. Can I Still Leave My Home to My Kids?
Another significant concern is whether a reverse mortgage prevents you from leaving your home to your children. While it is necessary to repay the (HECM) upon the homeowner’s departure from the property, your heirs are provided with flexible choices. They can settle the loan balance and retain the home, sell the property and claim the remaining equity. This approach ensures your family has the freedom to make the best decision for their future, without being forced into a one-size-fits-all solution.
3. Will My Heirs Be Burdened With Debt?
Another significant concern is whether a reverse mortgage prevents you from leaving your home to your children. While it is necessary to repay the (HECM) upon the homeowner’s departure from the property, your heirs are provided with flexible choices. They can settle the loan balance and retain the home, sell the property and claim the remaining equity. This approach ensures your family has the freedom to make the best decision for their future, without being forced into a one-size-fits-all solution.
We Do Business in Accordance With Federal Fair Lending Laws
UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL STATUS (HAVING CHILDREN UNDER THE AGE OF 18), TO: Deny a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a dwelling, or to deny any loan secured by a dwelling; or
Discriminate in fixing the amount, interest rate, duration, application procedures, or other terms or conditions of such a loan or in appraising property.
IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINT TO: Assistant Secretary for Fair Housing and Equal Opportunity Department of Housing and Urban Development Washington, DC 20410
C2 Financial Corporation has the ability to broker VA loans based on their relationship with VA approved lenders. C2 Financial Corporation is not acting on behalf of or at the direction of HUD/FHA or the VA.
This licensee is performing acts for which a real estate license is required. C2 Financial Corporation is licensed by the California Department of Financial Protection and Innovation, California Finance Lenders Law License # 603L442; NMLS # 135622. Loan approval is not guaranteed and is subject to lender review of information. All loan approvals are conditional and all conditions must be met by borrower. Loan is only approved when lender has issued approval in writing and is subject to the Lender conditions. Specified rates may not be available for all borrowers. Rate subject to change with market conditions. C2 Financial Corporation is an Equal Opportunity Mortgage Broker/Lender. C2 Financial Corporation is not acting on behalf of or at the direction of HUD/FHA or the VA. The services referred to herein are not available to persons located outside the state of California.