Mutual of Omaha Mortgage, Inc
1541 Wade Hampton Blvd
Greenville,
SC
29609
864 906 2296 - Main Phone
864-206-5002 - Fax
Home Equity Retirement & HECM Purchase Specialist
Features
- Liquid Contingency Fund Designed to Retain Investment Portfolio
- Purchase Dream home with Half the Cash out of pocket and No Monthly Mortgage Payment
- Erase Mortgage Principle & Interest Payments
- Avoid Selling Investment Portfolio in Bear Market Conditions
- Defer Social Security until age 70
- Fund Long Term Care when LTC Insurance premium is too much to handle
- Ensure Access to Home Equity for Later Years
- Replace home equity line of credit w/HECM LOC that cannot be cancelled or frozen
- Provide “Living Inheritance” to Heirs
- Insurance Policies Lapsing
- Set up HECM early (minimum age 62) and use it conservatively
- Divorse Settlement
- Tax Increases
- Reduce Higher Cost Debt
- Downsizing/Right-size with HECM for puchases
