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Rita Wyckoff

MetLife - Helping active adults move forward by getting into...
Reverse Mortgages

Contact Information:

Springfield, TN 37172
United States
T: 615.382.0390
F: 518.244.4946
https://www.mlbreversemortgage.com/rwyckoff

Years in Business:

 

5

Clients I'm Seeking:

 

I want to have a positive impact on any active adult's life, who is over the young age of 62, and own their homes. Someone who has a unique need, want or dream and they feel they simply cannot reach it.

About My Business:

 

A reverse mortgage allows active adults to remain in their home with security, independence, dignity and control no matter what their circumstances. It is a mortgage with special terms for homeowners 62 and older, a reverse mortgage has no income or credit score qualifications, and no monthly payment requirements, which offer many advantages for active adult homeowners. In a reverse mortgage, a homeowner still owns their home. Those who enter a reverse mortgage continue to be responsible for their taxes, homeowners insurance and maintenance of the property. Generally, funds received through a reverse mortgage are considered tax-free (one should consult a tax adviser for their individual situation). Social Security and Medicare are also not affected and Medical Assistance and other public benefits can still be received. A single woman I worked with appreciated that the reverse mortgage was explained to her and her children so they could all understand the details. With no restrictions on how the funds are used, after doing the reverse mortgage she gave her kitchen a facelift and helped her grandson by paying his college tuition. Another couple I recently helped used their reverse mortgage to pay off their current mortgage and eliminate monthly payments. Not having to make payments, they are finally planning the trip of their dreams – a much awaited and deserved event at the age of 82.

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