Boom Movers - Waaaaaah Wah Wa Watusi
A retirement home purchase loan designed for those over 62 offers the opportunity to buy a home with a lower down payment and without monthly mortgage payments. This allows retirees to relocate closer to family, find a single-story or low-maintenance home, and upgrade their living situation while freeing up more cash each month. By "dancing" their way into this type of loan, retirees can make memories instead of mortgage payments and enjoy a smoother financial future.
Video Transcription
EVP Tom Evans
Forgive the fancy - I'm at a wedding, but it reminded me you remember the twist, the hustle, and the electric slide. The joy of getting off the sidelines at those first few notes and hitting the dance floor with your family and friends. Well, that same spirit of excitement and possibility is still alive today, especially if you're over 62 and you're buying a home. Imagine if I told you you could just dance your way into your dream home for a down payment that's a lot less than the full purchase price and then just sort of bop through life without making any monthly mortgage payments. You would just cover your property charges like your taxes and your homeowners. This would free up more cash every month in your retirement so you could get the home you want in the style you want it, and keep more cash in your pocket.
You can relocate closer to friends and family, find a single story or a low maintenance home, or just upgrade to the features you deserve. So you owe it to yourself to choreograph a golden opportunity to make memories, not mortgage payments with a swing and home purchase loan that's designed with you in mind. And it's a heck of a lot easier than mastering the Watusi just boogie your way over to our learning hub. Now, it's one smooth move that could be the right steps for your future. And be sure to subscribe to Boom Movers from More Groovy Strategies for buying a home at 62 and better.
Is a Reverse Mortgage Right for You?
At Fairway, we understand that each of our customers has unique needs, and sometimes a reverse mortgage loan is the best fit — and sometimes it is not. If you’re interested in learning more about reverse mortgages and whether one might be a good fit for your situation (or a loved one’s situation), Fairway can help.