Retired San Diego Navy Seal Uses Legacy Reverse Mortgage To Finance Lifestyle

What would you do with an additional $300,000? At Legacy Reverse Mortgage, we're there for our clients from the very beginning of the reverse mortgage process, all the way through the disbursement of the proceeds, and tour yên tử beyond.


We especially enjoy checking up on our clients after some time has passed following the actual transaction to get a feel for how their lives have changed since obtaining the reverse mortgage. 


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We serve a very diverse group of seniors from all walks of life, of all ages, and in many different parts of the country. A great many of our clients are based in San Diego, where our corporate offices are located,but we've worked with senior borrowers from a multitude of states.


So just as each of our client's situation and needs are different, so too are the stories we hear about life after a reverse mortgage.


We want to share one such story with you today. For confidentiality purposes, we'll call him "Joe". He's a single, retiree of our United States Armed Forces - but he's no ordinary soldier. Joe is a retired Navy Seal.


Joe has led an incredible, exhilarating life as a Navy Seal. He served the United States military many years ago as one of the most elite soldiers.


 After several years of service, Joe retired to San Diego many years ago with a military pension, and his veteran's benefits helped him purchase his home. Today, that home is paid off and worth over  $500,000.


Joe is healthy and active at 63 years old, but at the time he approached Legacy Reverse Mortgage, just like the rest of us, the purchasing power on his income had eroded over the last decade from inflation and price increases in everything from food and gas to healthcare.


And although his home is beautiful, it needed a little work, a common use for a reverse mortgage.


When Joe approached us, he wasn't even entirely sure what a reverse mortgage was or whether he wanted one. He was just looking for an answer to his need for additional cash.


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Here's how it worked with Joe. At the appraised value of over $500,000, we were able to secure  $300,00 for Joe through a reverse mortgage. Joe did his homework and after some careful consideration decided to jump at the opportunity. He decided to take his cash in the form of a line of credit he could access at his leisure.


Joe is using the reverse mortgage proceeds to renovate his kitchen and widen his bathroom, and well as make some structural repairs to the home itself. Joe said he's also used the extra income to finance his everyday expenses and tour yên tử for general lifestyle choices and activities he enjoys participating in.


As we collect our client's success stories, we'll continue to share them with you. If you have a success story you haven't yet shared with us and would like to, please email us at info@legacyreversemortgage.com.







Legacy Reverse Mortgage is here to help! We provide the best [ ] service in the industry - hands on help with your reverse mortgage!







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