Newport Beach, CA (PRWEB) February 10, 2011
To help retirees decide whether a Reverse Mortgage is right for them, HomeSafe and Crossmark Financial have developed a free, comprehensive guide and workbook to educate retirees and help them decide whether a Reverse Mortgage is right for them.
Reverse Mortgages, first created in the late 1980s, are much more beneficial today due to their greatly reduced costs and new fixed interest rates. Reverse Mortgages are also now available in many other countries throughout the world, with many more creating their own.
Terry Anderson of Laguna Financial Advisors in Laguna Hills, CA, explains that "Financial Advisors should be introducing their clients in or approaching retirement to the Reverse Mortgage. It is a very safe way to dramatically improve the financial standing of both clients that have and have not saved enough for retirement. This newly-developed guide and workbook is the perfect introduction to the program."
Bryon Pyle, President of HomeSafe and Crossmark Financial in Newport Beach, CA, believes that a Reverse Mortgage is emerging as one of the best ways to improve cash flow during retirement. “Reverse Mortgages are a great option because they allow you to unlock the average person’s largest source of wealth, their home equity, while still retaining full ownership of the home. This improves their cash flow tremendously by eliminating their monthly mortgage payment and/or giving the client money monthly, as a lump sum, or even as a line of credit.”
Pyle also states that the new guide and workbook will help educate seniors on the truth behind Reverse Mortgages. "While Reverse Mortgages are not for everyone, we urge all retirement-aged Americans to educate themselves and know the true facts about Reverse Mortgages."
About HomeSafe and Crossmark Financial:
Crossmark Financial (DBA “HomeSafe” on Reverse Mortgages) is a dedicated to assisting current and homeowners understand Reverse Mortgages and how to structure them in order to maximize their cash flow during their retirement years. Their website is http://www.HmSafe.com. Call 866-897-0839 for their free guide and workbook.