Your house is your home and you don’t want to sell it to downsize for retirement money, but maybe you’re living on a tight budget, have medical expenses, or want to travel or just free up money for day to day expenses. Nearly 80 percent of those age 62 and older own their own home and may have the option to use that home to help get them through retirement by requesting a reverse mortgage. There are however a lot of factors to consider when deciding on a reverse mortgage; you may want to consider not just your finances, but those of your children. After all, many seniors would like to leave their homes as an asset for their children to inherit one day. There’s a lot to consider and there are a lot of mixed messages out there, and many women may feel uncertain about such a big decision. At SMPL Mortgage, we want you to know you’re not alone; our helpful staff cares about you and your family.
Count on the support of SMPL Mortgage to make a thoughtful, well-informed decision about what financing option is right for you. SMPL Mortgage is a generational lending leader in mortgage financing. Our team is made up of experience, dedicated advisors who will listen to your personal circumstances and come up with an individualized path forward for you.
Kal Antoun, CLA, prioritizes perseverance, kindness, and empathy. Her passion is a dynamic part of her success in helping her clients make the best decisions when it comes to reverse mortgages. Her commitment to the community is exemplified in her election as President of the Cancer Support Community Pasadena, where she has been an active member for over a decade. She takes a holistic approach to community, which is why she’s able to provide a white glove experience when it comes to home financing decisions.
With the help of Kal Antoun, pursuing a reverse mortgage can be an empowering experience for women over the age of 62. Single women are in fact a growing demographic of individuals taking reverse mortgages. In 2019, 39.7% of endorsements were for multiple borrowers, 38.04% were to single females, while 21% were to single males. In many cases, these single women have just lost a spouse and are now find themselves on their own to make financial decisions. This can be extremely overwhelming and the pressure to make the right decision for yourself and your children may be paralyzing. Luckily, when you partner with one of our advisors like Kal Antoun, you’ll never feel alone. Kal’s discipline and dedication are fueled by both her passion for financial advising and her compassion for her clients.
When it comes to reverse mortgages there is a lot of misinformation and unfortunately, individuals who take advantage of elderly homeowners. By working with a trusted business, like SMPL Mortgage, you get not only the information and full-picture to consider, but the individualized attention and comfort of advisors like Kal on our team. Kal understands that the decision to take out a reverse mortgage is not a cut-and-dry financial decision for all women. Often, a senior woman is also a mother and grandmother who wants to consider the financial well-being of her family. Sometimes, a senior woman may have relied on a husband to make these types of financial decisions, or at least to make the decisions together. Finding herself alone in this decision-making process for the first time, can be understandably overwhelming. But Kal Antoun, and the rest of the team at SMPL Mortgage want to assure you, when you work with us, you’ll never feel alone. We will be with you every step of the way, from information-gathering to signing on the dotted line. We care about our clients and our communities. To find out more about SMPL Mortgage and our experienced, fabulous team members like Kal, visit our website here.