How does a lump-sum payout work?
A lump-sum payout or payment is a single payment of a sum of money. This allows the loan recipient to receive the total amount of the loan at one time as opposed to monthly or annually.Schedule a Call With Mark
A lump-sum payout offers you complete control of how you spend your money.
A lump-sum payment allows you the freedom to invest in various ways.
A lump-sum payout may relieve the financial burden of living check-to-check.
Keep your home without paying your mortgage.
"Mark brings a professionalism that is second to none. Besides the fact that he is extremely sympathetic and does what he says he's going to do, his strategic thinking and working tirelessly toward my own financial goals helps him stand apart. I'll never work with another loan officer again."Spencer A.
"Mark Schow was very professional and very kind in helping me refinance my home. He has saved us hundreds of dollars each month."Dustin E.
"I was new to lending world — only hearing things from what family members and friends had said about their loan officer. After meeting Mark, all of my worries subsided and he helped me throughout the entire process. I would recommend him to anyone looking for a great loan experience from beginning to end."Gabriel G.
According to a survey conducted by the AARP, 93% of people who did a reverse mortgage were satisfied with their loan and reported that their needs were met.Start My Reverse Mortgage
We know that feeling confident with your lender is a top priority. Mark is committed to helping you live your best retirement. With over 12 years of reverse mortgage lending under his belt, he knows the ins and outs to guide you through the entire process of securing your reverse mortgage.
You will have a partner every step of the way. With a commitment to assist you in finding relief from the financial stress you're experiencing, Mark is sure he can help you stop enduring your retirement and start enjoying it.Schedule a Call With Mark
Mark Schow built a detailed guide on reverse mortgages, providing you with the knowledge to make the decision that's right for you.