COLORADO REVERSE MORTGAGE
You’ve worked hard your whole life and deserve to enjoy retirement without having to worry about finances. We understand it can be intimidating to make tough financial decisions as you age.
With over 30 years of experience and as a Certified Reverse Mortgage Professional (CRMP), I’ve met thousands of homeowners needing financial guidance. We provided sound advice and helped create a better financial position for them to enjoy their retirement.
Financial Problems Are Stressful
Not having the money you had hoped for during your retirement is scary and frustrating, especially when it may feel like you don’t have options or understand what options are available.
An Enjoyable Retirement Is Possible
A reverse mortgage is a safe and reliable way to give you
peace of mind and improve your quality of life.
Payoff your mortgage, other debts and/or establish a line of credit.
You still own your home and continue to live in it.
Sell your home at any time or pass it to your heirs.
Supplement your retirement income so your savings last longer.
Working with Colorado Reverse Mortgage is simple.
Our goal is to educate and help you make the best decisions
about a reverse mortgage.
Step 1: Free Consultation
Let’s discuss your situation, answer questions, and help you make the best decisions for you and your family.
Step 2: Choose The Best Option
Decide what option is best to help you meet your retirement needs and goals.
Step 3: Enjoy your retirement
You now have peace of mind and the financial resources to be comfortable in your retirement and lifestyle while living in your home.
Here’s What Our Customers Say
Thom is a CPA. He and his wife Lynn operated their accounting business out of their big, beautiful home for over 40 years. 3 years ago, Thom was visiting with me about the appraisal we received while refinancing his $356,000 loan balance into another lower rate…
You are the greatest! I thank you for helping me through the complicated world of reverse mortgages. I want you to note that Paul and Kara are really good at what they do and very likable people as well. I wish you the best!
DALE & GAIL
Dale and Gail are successful business owners… very successful. Their assets and collections are in the millions of dollars. They had a very nice home in Albuquerque, but the property was just too big for them to maintain and they didn’t want to dedicate…
WHAT IS A REVERSE MORTGAGE?
That’s a short question with a long answer! At Colorado Reverse Mortgage, our goal is to teach others and spread knowledge about the reverse mortgage program and options. Explore the “drop-downs” in the menu bar above for many more details and other information not provided here on the home page.
The term “reverse mortgage” typically refers to a Home Equity Conversion Mortgage or a “HECM” (pronounced “heck-um”). It is a highly regulated program that is insured by HUD thru FHA (the Federal Housing Administration) and is intended to benefit homeowners 62 years of age and older. Because it is a unique and specialized program, most mortgage lenders do not offer or fully understand this product. Some lenders advertise the reverse program but are not specialists familiar with the intricacies or are aware of recent changes that affect you.
There are other private or “proprietary” reverse mortgage products that may be a better fit for your situation. These can be excellent options but because of their uniqueness, it is recommended that you visit with a certified Loan Officer to help determine if it is an appropriate solution for your specific situation. This site primarily focuses on the government guaranteed HECM product but when you call us, we’ll review all options. Follow this link to learn some (like you don’t have to be 62!) details about the non-HECM reverse mortgage.
Also, DO NOT ever feel rushed or pressured by any lender or telemarketer… Obtaining a reverse mortgage is a process. It is our belief that it is a process beginning with an in-depth education so you are confident in your understanding and are making the right choice for you. If you get multiple phone calls and other solicitations pressuring you to move quickly, simply tell them that you’re not interested and to remove your contact information from their database.
For your peace of mind, choose a trusted professional who has a documented history of assisting seniors with the HECM program and who is actively committed to seniors and the reverse mortgage industry.
Reverse mortgages can be a complex financial tool and are often misunderstood, but they don’t need to be! A Colorado Reverse Mortgage educates seniors, families and their financial planners about the reverse mortgage advantages and its disadvantages.
At Colorado Reverse Mortgage, we only offer the reverse mortgage program to Colorado homeowners. We are specialists. We are NOT a “call center” located in another state and we do not originate conventional “forward” mortgages. Our certified reverse mortgage professional (CRMP) educates Coloradoans about the HECM reverse mortgage program. Our office is located in Boulder, CO.