Mutual of Omaha Reverse Mortgage - Lombard, IL

🎃 Happy Halloween, Everyone! Whether you’re dressing up, trick-or-treating, or enjoying a spooky movie marathon, we hope you have a fun-filled night! Stay spooky and stay safe! 👻

In honor of National Business Women’s Week, we are proud to recognize four exceptional leaders within Mutual of Omaha Reverse Mortgage who continue to drive our success and inspire their teams daily. 🙌

Thank you, Mayra, Liz, Maria, and Heather, for your incredible leadership and dedication to making Mutual a better place for us all. 👏

🌟 October is National Financial Planning Month! 🌟 We believe that a solid financial plan is key to success in 2024 and beyond. Now’s the perfect time to review your finances, set new goals, and make necessary adjustments. A reverse mortgage can help you achieve financial confidence and security as we approach the new year. Let’s plan for a prosperous 2025 together!

We’re excited to connect with you in Las Vegas from October 18th-21st at Booth #704! Stop by to learn about Reverse Simplified and say hello! 👋

Are you a mortgage broker looking to expand your market? Thinking about offering reverse mortgages but not sure where to start? Mutual of Omaha Reverse Wholesale has the solution! 🚀

Partner with Mutual of Omaha Reverse Wholesale and leverage the most recognized brand in the industry!

Spotlight on these Rockstars! Despite facing unimaginable challenges after Hurricane Helene caused severe flooding in her home (3 feet of water!), Nancy never missed a beat. Her unwavering dedication and “get it done” attitude kept our files moving and our customers happy. Even while working remotely through it all, Nancy ensured smooth and timely closings. 💪

John’s calm and collected nature, even with the most chaotic files, truly sets him apart! His helpful attitude and sense of humor make him a joy to work with, and he always goes above and beyond for the team.

We are beyond grateful for Nancy and John’s incredible work ethic, positive energy, and commitment. Thank you both for being true rockstars! 🎸

🧠 On this World Mental Health Day, Let’s Break the Stigma! Mental health is an essential part of our overall well-being, yet there’s still stigma and silence surrounding it. Mental health struggles are as real as physical health issues, and reaching out for support is a sign of strength, not weakness.

How can we help break the stigma?
Start conversations about mental health—normalizing it is the first step.
Educate ourselves and others on the importance of mental well-being and the challenges people face.
Be a compassionate listener and offer support without judgment.
Encourage seeking help—whether through therapy, counseling, or self-care practices.

On this World Mental Health Day, let’s work to create a world where everyone feels safe to speak up and seek help when needed. Together, we can break the stigma and make mental health a priority for all. 💚

A HomeSafe loan is repaid when the homeowner either moves out or passes away. The balance can be paid off by selling the property or using other funds if the borrower or heirs choose to keep the home. Most importantly, the borrower or their heirs will never owe more than the home's appraised value.

Homeowners are responsible for pay ongoing property taxes, home maintenance, insurance, and any homeowners’ association dues, if you belong to an HOA.

Ready to learn more? https://mutualreverse.com/



*Loans up to $4 million available for certain HomeSafe products. The HomeSafe reverse mortgage is a proprietary product of Mutual Of Omaha Mortgage is not affiliated with the Home Equity Conversion Mortgage (HECM) program. Not all HomeSafe products are available in every state. Please contact us for a complete list of availability.

🐻‍❄️Mutual of Omaha's Wild Kingdom Protecting the Wild is back this October with an all-new season! Check your local listings to join us in welcoming new animals and new international adventures.

See what animals will be featured in the first few episodes. ➡️ https://mutualofomaha.co/3TKw10O

🏠A HomeSafe reverse mortgage loan can be a powerful tool to help homeowners enjoy a more comfortable and secure retirement, all while keeping valuable high-worth assets actively working to support their financial goals.

Explore your options today and see how a reverse mortgage could benefit your retirement journey!

We had an amazing time at the National Reverse Mortgage Lenders Association (NRMLA) Annual Conference! Thank you to everyone who attended our event! A huge shoutout to NRMLA for organizing such a valuable event and fostering a space for insightful discussions. We’re grateful for the connections we made and look forward to working with you all in the future!

Happy HR Appreciation Day! Today, we're honoring our fantastic HR and Onboarding teams for their outstanding work in supporting our colleagues nationwide. From recruitment and onboarding to ongoing assistance, their dedication fosters a strong and connected company culture. Thank you, HR, for your invaluable contributions! 💛

💥Can't wait to reconnect with our industry peers at the NRMLA National Annual Meeting & Expo tomorrow! As a proud sponsor, we're excited to be part of this year's event in San Diego. See you there!

🔔 Fed Interest Rate Cut Alert 🔔 Today, the U.S. Federal Reserve announced it is lowering its interest rate by 0.5 percentage points, marking a significant shift after maintaining the 5.25%-5.50% range since last July. This decision follows the Fed's 18-month effort to curb inflation.

While Federal Reserve Chair Jerome Powell noted that inflation is nearing the Fed’s 2% target, he emphasized the importance of ongoing vigilance. Additionally, current labor conditions, with a 4.2% unemployment rate, align with the Fed’s goal of maximum employment.

As interest rates impact many aspects of financial planning, including Reverse Mortgages, it’s important to stay informed. Contact us today to learn how this rate change may affect you!

🦁Mutual of Omaha's Wild Kingdom Protecting the Wild is back for season 2! Join co-hosts Peter Gros and Dr. Rae Wynn-Grant as they travel to meet the experts leading wildlife conservation efforts and the incredible species they protect. With larger animals and new international endeavors, we're just getting started. Join the adventure, this fall on NBC.

https://mutualofomaha.co/3Zaxr87

Patriot Day is a day of reflection and remembrance. We pay tribute to the courage of first responders and the resilience of our nation. Let’s come together to remember, honor, and support one another.🇺🇸

Studies show that social connection is vital for older adults. It can reduce the risk of heart disease, depression, and cognitive decline.

How can you stay connected?
Reach out to friends and family.
Join a club or group.
Take a class or learn a new skill.
Volunteer in your community.

Remember, you're never too old to make new friends and build meaningful relationships.

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.

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.

"The period when you transition into retirement is one of the most critical times of your life. It’s comparable in importance to the period when you transitioned into adulthood..."

Check out this article to help you with planning. 👏⬇️

Don’t Forget To Do Your Retirement Homework This checklist can help you address all the key issues when planning the rest of your life.

"Having cash on hand does allow retirees the opportunity to avoid tapping into their portfolios during market volatility." 💲

Check out the article to learn more about why cash is an important part of your retirement plan. ⬇️

Why Cash is an Important Part of Your Retirement Plan When planning for retirement, find a way to fit cash savings into the mix

"The biggest retirement myth is the thought that having a large 401k is all that is needed to retire but, there is more to it than simply having enough money and choosing a date."

Check out this article to learn more about common retirement regrets. ⬇️

The 5 Biggest Regrets People Have About Retirement Want to be well-prepared for a happy and secure retirement? Learn from other retirees’ top mistakes and missed opportunities.

"Today, with personally identifiable information readily available on the dark web, identity theft has changed significantly."

Check out this article and learn how to reduce your risk of being a of identify theft. ⬇️

How To Reduce Your Risk Of Identity Theft, According To An Expert Armed with your dataset, thieves can open a credit card online in your name. With a bit more effort, they can develop fake documents including a driver’s license, health insurance card or passport.

June is National Zoo and Aquarium Month. 🎉 🐯

Mutual of Omaha’s Wild Kingdom is celebrating with a month full of great information from award-winning zoos and aquariums around the country. Check out weekly articles like how accredited zoos are aiding conservation efforts, or tips on visiting a zoo or aquarium with your kids. Click the link below ⬇️

Mutual of Omaha’s Wild Kingdom Mutual of Omaha's Wild Kingdom takes viewers to the far corners of the world to study wild animals in their natural habitats.