Louisville Reverse Mortgage

CHOOSE YOUR RETIREMENT PLAN

Example:

Plan #1         (Traditional)        Plan #2 ( HECM line of credit )

Social Security    $1200          Social Security    $1200

IRA distribution  $800            IRA distribution  $800

Monthly income $2,000         Monthly income $2,000                                           

Emergency fund $8,000         Emergency fund $80,000

An FHA Home Equity Conversion line of credit gives Retirees an additional resource - just in case they outlive their money. The earlier the plan is set up, the more will be available in the line of credit. It's a safety net for folks who want to live in their homes as long as possible. Call Julia for more details 502-426-7840 or visit her website in Louisville www.mymortgagelouisville.com