The future of reverse is there: The population aged 65 and older is projected to reach 94.7 million in 2060. And by 2040, there will be about 80.8 million older persons, more than twice as many as in 2000, according to The Administration for Community Living. And with the median income of older persons at $26,668 in 2020, rising living costs and out-of-pocket healthcare expenses are inevitable for this fast-growing population.
Maximize your senior clients’ potential for financial freedom by taking advantage of the benefits of reverse mortgages. The Plaza Home Mortgage® reverse team can help guide you through the process, whether you’re new to the reverse market or adding more reverse into your business strategy. Email reverse@plazahomemortgage.com to get in touch or submit your details for a full reverse pre-qual!
