LIFESTYLE MORTGAGE

Why A Lifestyle Mortgage?

Ovation Homes recognizes the changing financial needs for seniors, age 62 and older, entering into retirement years. Lifestyle Mortgages, also known as a reverse mortgage, can provide financial options for home owners who have equity in their primary residence. You can create a retirement lifestyle by using your Ovation Home as collateral and drawing against your home equity for life.

Features of a Lifestyle Mortgage:

No monthly mortgage payments – EVER
Additional cash for leisure or travel
Receive lump sum or stable monthly income
Supplement Social Security payments
Pay off unexpected medical expenses
NEVER repay the loan

Lifestyle Mortgages allow you to enjoy the comfort of premier one-level living, while maintaining a comfortable retirement lifestyle. For more information please call, 801-444-3639.