Mutual of Omaha Reverse Mortgage - Columbus, OH

Back to school means back to learning! 🎒 For the sixth year, we're proud to support the Monarch School, a K-12 school serving homeless youth in San Diego. Our team packed backpacks filled with essential supplies to help these students start the year off strong.

Operation Backpack 2024 | Monarch School & Mutual of Omaha Mortgage For the sixth year in a row, we're thrilled to support the incredible Monarch School in Downtown San Diego, which serves the unique needs of homeless youth. ...

🇺🇸Happy Labor Day! Today, we honor the dedication and hard work of all American workers who contribute to the strength, prosperity, and well-being of our nation. Whether you're relaxing with family or tackling a project, take a moment to celebrate the impact you've made. Enjoy your day!

The down payment requirements for a HECM for Purchase depend on the youngest borrower's age, current interest rates, and the price of the new home or the HECM lending limit. Unlike traditional financing, HECMs require a larger down payment. However, once the down payment is made, there are no required monthly payments.

To cover the down payment, borrowers can use the equity from selling their current home, savings, or other funds. Family members, employers, charitable organizations, government homeownership programs, or close friends with a documented connection can contribute funds. All funds must be verified, and contributions from individuals involved in the transaction are not allowed.

Learn more by visiting our website and contacting us today.

🏠️With a HECM for Purchase, sellers, agents, and builders can contribute up to 6% of the sales price to help cover various borrower fees. This contribution can be used for borrower origination fees, closing costs (including credit reports and appraisals), prepaid items, discount points, interest rate reductions, and even the Up-Front Mortgage Insurance Premium (UFMIP). However, it’s important to remember that this 6% contribution cannot be applied toward counseling fees.

This is a major benefit for seniors purchasing a new home, offering increased financial flexibility and significantly reducing out-of-pocket expenses during the home-buying process.

We’re thrilled to celebrate Richelle for closing a HECM for Purchase loan in just 7 days! Her dedication and expertise ensure our clients can move forward with confidence and ease. At Mutual of Omaha Reverse Mortgage, we’re committed to delivering swift, seamless service—making your homeownership dreams a reality faster than ever.

We’re honored to receive such kind words from our valued client! At Mutual of Omaha Reverse Mortgage, we believe that clear communication and taking the time to answer every question are key to building trust. Thank you for placing your trust in us!💫

🎉Happy National Senior Citizens Day! Our elders are the heart and soul of our communities. Let's show our appreciation for their wisdom, experience, and love.

For 2024, the highest claim amount for HECMs is set at $1,149,825. The limit is not the maximum loan amount but the maximum property value that can be used to calculate your available loan amount. This limit is set by the Department of Housing and Urban Development (HUD).

Interested in learning more? Visit our website or contact one of our Advisors to explore your options!

A big shout out to Helen for closing a refinance loan in just 14 days! Her hard work and commitment to excellence make a real difference for our clients, helping them achieve their financial goals quickly and efficiently. At Mutual of Omaha Reverse Mortgage, we’re proud to have such dedicated professionals on our team.👏

We’re proud to share this incredible feedback from one of our satisfied clients! It’s not just the name Mutual of Omaha that sets us apart; it’s the dedicated professionals like Matthew who truly make the difference. Thank you for choosing us!⭐️

Mutual of Omaha’s Wild Kingdom The Podcast is out now! Tune in to discover amazing animals and encounter exotic ecosystems plus go behind the scenes of the TV series and hear from experts in animal conservation. Listen on wildkingdom.com or wherever you get your podcasts.

📲 https://mutualofomaha.co/4dojvLU

On National Financial Awareness Day, it's important to consider how downsizing can help reduce expenses by relocating to a smaller residence, making it easier to manage property costs. This often becomes a priority in the later stages of life, such as after children have moved out or upon retirement. 🏘

Both downsizing and rightsizing can play a crucial role in decluttering your life and improving overall management. However, rightsizing doesn’t always mean moving to a smaller home—it might involve relocating closer to family while maintaining your current property size, ensuring your living space fits your lifestyle and financial goals.

This National Wellness Month, take a deep breath and discover the power of breathwork!🌿Breathwork involves intentional breathing exercises that help regulate your nervous system, reduce stress, and increase mindfulness. Whether it’s a few minutes of focus or structured guided sessions, breathwork can make a difference.

Start Simple: Try Box Breathing (inhale for 4 seconds, hold for 4 seconds, exhale for 4 seconds, hold for 4 seconds) or the 4-7-8 method (inhale for 4 seconds, hold for 7 seconds, exhale for 8 seconds).

Consistency is Key: Practice daily, even if it's just for a few minutes, to reap the full benefits.

Take a moment each day to focus on your breath and feel the positive impact of breathwork!

📣Attention Realtors! Boomers are a large portion of the market and the HECM for Purchase can be your secret weapon! It allows qualified Boomers to leverage their home equity to cover up to half the down payment on a new home, with NO MONTHLY MORTGAGE PAYMENTS* on the reverse mortgage portion (as long as they live there).

This means:

More qualified buyers: Open the door to a larger pool of potential clients.

Smoother transactions: Simplify the process for Boomers with one closing for both purchase and financing.

Ready to unlock the power of the HECM for Purchase?Contact the Mutual of Omaha Reverse Mortgage team and learn how to put this powerful tool to work for your clients!

*Reverse mortgage borrower must remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.

At Mutual of Omaha Reverse Mortgage, our team is dedicated to providing exceptional service, and it's always rewarding to hear how we've made a positive impact.💫

We’re proud to support WellBound Fitness for Boomers & Seniors with our donation of insulated bags for their Summer Olympic event!🏅

WellBound Fitness is Omaha’s only wellness and fitness program specifically designed for the baby boomer and senior populations, as well as those with special health concerns. This event is a cherished tradition that highlights the dedication and spirit of their staff and members.

We are honored to contribute to such a meaningful cause and help promote a healthy lifestyle in our community.

Thinking of buying a new home but worried about affording it? A HECM for Purchase could be the key!

🏆👏 Kudos to Nathan Johnson for closing a reverse mortgage loan in just 14 days! At Mutual of Omaha Reverse Mortgage, we pride ourselves on efficiency and dedication, helping you unlock your home equity quickly and smoothly. Imagine the possibilities!

Throughout July, we've been exploring how a HECM can help you in your cherished home throughout your retirement. It can help with expenses like:
In-home care
Home modifications
Daily living costs
Explore your options and unlock the possibilities! Visit our website to learn more about HECM.🏡

⭐️🏡Hats off to Joseph for leading the way with a swift reverse mortgage loan closure in just 15 days! Mutual of Omaha Reverse Mortgage is committed to providing expert and timely service, making your financial goals a reality.

We prioritize your peace of mind and work diligently to provide solutions tailored to your unique situation. Thank you for trusting us with your reverse mortgage needs!🌟

As you plan for the future, ensuring financial stability is crucial for a comfortable and secure retirement. A Home Equity Conversion Mortgage (HECM) can play a vital role in your financial planning, allowing you to tap into your home equity to support your aging-in-place goals.

📌Benefits of Using a HECM for Financial Stability:

Eliminate Monthly Mortgage Payments*: Free up your budget for other essential expenses.

Access a Line of Credit: Use funds as needed for unexpected expenses, home modifications or in-home care.

Supplement Retirement Income: Ensure you have a steady stream of income to cover daily living costs.

With a HECM, you can stay in the home you love while maintaining financial security and peace of mind.

*Reverse mortgage borrower must remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.

🚀Congratulations to Mary Robb for closing a reverse mortgage loan in record time – 15 days! At Mutual of Omaha Reverse Mortgage, we get things done efficiently so you can enjoy your retirement sooner.

Aging in place is all about making your home safe and comfortable for the long term. Discover the most common accessibility features that can help you achieve this with the help of a Home Equity Conversion Mortgage (HECM). 🔨By using a HECM, you can enhance your home's safety and functionality, ensuring it meets your evolving needs as you age.

🙌June's Employees Rockstar: A Big Thank You to Stacey Beehler & Therese Burgueno!

Stacey, you're our loan processing champion, always helpful & keeping clients happy.

Therese, your communication skills are magic - you keep us all on track!

Thanks for being rockstars! Mutual of Omaha RM is lucky to have you.

🌟
We're excited to share another positive experience from one of our clients. Their words reflect our dedication to providing knowledge and support every step of the way. At Mutual of Omaha Reverse Mortgage, we are committed to ensuring you feel informed and supported throughout your reverse mortgage journey. Thank you for trusting us!

Though they won't be winning any beauty pageants, condors are vital to their ecosystem, acting as nature's "cleanup crew." Take a sneak peek behind the scenes of Mutual of Omaha’s Wild Kingdom Protecting the Wild, airing in January 2023.

California Condors’ Comeback Behind the Scenes of Protecting the Wild

“Autumn, the year’s last, loveliest smile.” — William C. Bryant

We hope you enjoy the first day of Autumn! 🍁

Want to find great content on all things nature and Mutual of Omaha’s Wild Kingdom - on any device - with just one click? Become a Wild Kingdom insider now! You’ll learn so much that your friends will be calling you the next Marlin Perkins.

Home Stay up to date with Mutual of Omaha's Wild Kingdom. Go behind the scenes of new episodes, hear conservation success stories and learn fun animal facts.

"Where liberty dwells, there is my country.” -Benjamin Franklin

We will never forget. 🇺🇸

"Many of the retirees have returned to work or are thinking about returning. And other data supports the trend toward later retirement." 📈 ↗️

Check out the article to learn more.

Americans Are Back To Retiring Later After a surge of early retirements during the Covid pandemic, Americans are again planning to retire later than their predecessors.

"Roth 401(k) options both make it harder to take your money out and, at the same time, force you to take it out perhaps earlier than you wish."

Check out the article to read more. ⬇️

Why Is A Roth IRA Better Than A Roth 401(k)? You say your company 401(k) plan doesn’t offer a Roth option? Here’s why you’re better off doing it yourself anyway.

"While it may seem impossible to do, it is important not to react to a from a state of panic. An example of such a reaction might be to sell all your investments in a bid to hold cash."

Check out this article to learn more. 🙌💰

Tips for Navigating a Recession Here are some clever ways to extract economic advantage and position yourself to recover during a recession.

"Social security beneficiaries could get one of the largest cost-of-living raises since 1981 next year if inflation remains hot, but some analysts are warning people not to get too excited yet."

Check out this article. ⬇️ 🙌

Social Security may get 10.5% raise in 2023 as prices surge. But don't party yet, some say. With inflation at a 40-year high, social security could see a 10.5% cost-of-living adjustment in 2023, but even that may not bring much relief.

"Unretiring can help stabilize or boost your cash flow. But it might trigger unintended consequences in other financial areas of your life..."

Check out this article to learn more. ⬇️

Retirees, here's how returning to work may affect Social Security, Medicare, pensions and taxes Unretiring can help stabilize your cash flow, but it might trigger unintended consequences in other financial areas of your life.

"A reverse mortgage can be used in a variety of ways to help finance your retirement."

Check out this article on creative ways seniors and retirees can successfully manage their finances during inflation.🙌

Inflation, Stock Market May Cause Retirees To Reconsider Using Their Home Equity Cash-squeezed seniors and retirees may need to explore creative ways to make ends meet.

"The answer to the question does money buy happens is… yes! In fact, the research is overwhelming." 💰👏

Check out this article to learn 11 ways money can be spent to buy happiness. ⬇️

11 Ways Money Really Can Buy Happiness | NewRetirement Does money buy happiness? It does if you know how to spend it. Find out how to improve your quality of life with the right kind of spending.