Who Owns Your Equity?

I ask this question to people all of the time and usually get the same response: “Well I do, its my house and I worked hard to pay the mortgage down..of course I do”.

Well there are a few more questions to consider:

If you want to access the equity where do you go?

Answer: Bank, Mortgage Broker

Who tells you how much you have to pay to get it (interest)?

Answer: Bank

Who tells you if you can or cannot have it (its getting harder to get it each day)?

Answer: Bank

So I again ask the question who owns your equity? The Bank

But..Who owns your cash? You do!

How can I get the cash and regain control of my assets?

In the past there were 2 ways:

Sell your home ..then rent

Get a Home Equity Line of Credit (HELOC) and make monthly payments

Now there is another way to get access to your cash:

Home Equity Conversion Mortgage (Reverse Mortgage) No monthly Payments!

Regain control of your assets instead of letting the bank decide what you can and cannot do with your hard-earned assets!

Reverse Mortgage Man