A term or tenure payout consists of an equal amount of money given to you monthly over a fixed term, or during the tenure of you living within the home. This provides you with a steady, reliable monthly income for a set amount of time, or even the rest of your life.
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A term or tenure payout offers you a reliable monthly income.
These loans are the safest way to ensure you do not run out of the funds available to you through your reverse mortgage.
A term or tenure loan allows you to make a long-term financial plan, especially if you intend on living in your home for a long time.
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 MortgageWe 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.
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Mark Schow built a detailed guide on reverse mortgages, providing you with the knowledge to make the decision that's right for you.
