Protect yourself from what's coming!

With all the money the government is spending is a crash is coming?

There are repercussions for the actions of today's government spending and it will most likely hurt you more than help you!

As the government gives more and more money away the Dollar gets weaker and weaker. To entice investors to invest in the United States the government will have to raise interest rates, this will fuel inflation and in a down real estate market the economy may crumble. I am sure many of you remember the days of Jimmy Carter and interest rates well above 10%, I believe we will see those days again soon. Hopefully you have not lost a lot of your worth in the stock market, because as inflation kicks in you may need to access those Dollars. What can you do to protect yourself from what's coming?

A HECM may be the answer. Through a Home Equity Conversion Mortgage you can set up a credit line that grows year by year (guaranteed by FHA) giving you access to more money. This may be the cure for all of this for many American Homeowners.

Why should you do this now versus waiting until the problem presents itself?

Well actually you should have done this 3 or 4 years ago when home values were at an all time high and Interest Rates were at an all time low, but we won’t fault you for that, you may not have met anyone who has explained this to you like we are now.

Here is why you should do it now. Home values have not totally dropped yet so you still may have some equity to work with. A HECM is a loan based on the equity you have in your home so you will need to have some, if home values continue to drop it you may be too late. Interest Rates are on the rise, as Interest Rates rise the amount of money you can qualify for goes down, there may be a point where you will not qualify for any money under this program, we are already seeing that a lot of Homeowners can't get the HECM and if you are waiting until there is a problem it may be too late.

It is a painful thing to watch, when I see someone wait until there is a problem and there is nothing I can do to help... It really does hurt me to see people in that situation, knowing that I could have helped them if we would have crossed paths earlier, assuming they would have listed to what I had to say.

Now is the time to act. If you believe any of what I am predicting you should look into how we can help you. I urge you to get in touch with us... You never know when it may be too late.


Riley Bangerter, VP, CRMA
WSB Mortgage Services
www.reversemortgage4u.com
866-309-6626