Barbara Bodner at Mutual of Omaha Reverse Mortgage

Happy Labor Day to all the incredible workers who give their all every day! May your day be filled with relaxation and pride in all you've accomplished. 🎉

🙌On this National Senior Citizens Day, we celebrate the incredible contributions and achievements of our seniors. They’ve paved the way for future generations with their wisdom and resilience.

Let's take a moment to thank and appreciate the seniors in our lives for everything they’ve done.

5.0 star review received on Experience.com for Barbara Bodner by Douglas R W - Barbara was driven to get it right the first time

New ★★★★★ 5 Star Experience.com Review by Douglas R W Click to see all 38 reviews of Barbara Bodner, HECM Specialist

🏡🔍It’s essential to be prepared for the ongoing obligations that come with homeownership and a reverse mortgage. This includes maintaining the property to ensure it remains in good condition, as well as keeping up with property taxes, homeowner’s insurance, and any other associated fees.

Before moving forward, consider whether you have the resources and commitment to manage these ongoing responsibilities. Speaking with both a Reverse Mortgage Specialist can help you assess whether this financial tool aligns with your long-term goals and current financial situation.

🌟On this National Financial Awareness Day, highlighting an important topic: recovering financially from a divorce. Divorce can be emotionally and financially challenging, but there are steps you can take to rebuild your financial life. From untangling finances with your ex to setting new goals and revising your estate plans, it's crucial to protect what’s yours and plan for the future.

Whether you’re navigating this journey or know someone who is, this article provides seven actionable steps to help secure your financial well-being after a divorce. Remember, it's never too late to start budgeting and saving to achieve your goals.

How to Recover Financially from a Divorce Seven steps to protect what is yours, disentangle what is shared and start budgeting and saving to achieve your goals

Considering a reverse mortgage? It's crucial to understand how your home equity plays a pivotal role in this decision. 🏡💡

The more equity you have, the greater the potential funds available to you through a reverse mortgage. This can be a powerful financial tool for enhancing your retirement, covering unexpected expenses, or simply improving your quality of life. However, it's equally important to consider the long-term impact on your heirs and your estate plans.

By thoroughly evaluating these factors, you can make an informed decision that aligns with both your current financial needs and your future goals.

Have questions? Reach out to me!

Planning for retirement can feel overwhelming, but it doesn’t have to be!🔑

This insightful article, provides 5 essential steps to help you prepare for a secure and worry-free retirement. Whether it's understanding your finances, determining the right time to start Social Security, or planning for the unexpected, this guide covers it all.

Read more in the link!

Five Things You Must Do to Retire With Confidence Making sure you won't run out of money once you retire starts with taking these simple but important steps.

🔎One of the key benefits of a reverse mortgage is the flexibility it provides in using the funds. Unlike many other financial products, there are no restrictions on how you can use the money received.

Whether it’s supplementing your income or covering medical expenses, the choice is yours. This unrestricted access empowers homeowners to make financial decisions that best suit their personal needs and aspirations.

Ready to explore how a reverse mortgage can help you achieve your financial goals? Contact me today!

If your heirs want to keep the home after your death, they will have to repay either the full loan balance or 95% of the home’s appraised value, whichever is less.

🗣️The federal government mandates counseling for all reverse mortgage borrowers to ensure informed decision-making. HUD-approved counselors provide unbiased information about HECM loans, discuss alternatives, explain the costs, and review various products and payment plans.

This session helps borrowers understand their options and make the best choice. There is a fee for the counseling, typically payable at the time of the session, but in some cases, it can be paid at closing using funds from the reverse mortgage.

Contact me to learn more about Reverse Mortgages.

Divorce later in life often presents financial hurdles for your 62+ clients. Dividing assets can be tricky, especially when considering retirement plans and long-held homes. Here's where I, as a Reverse Mortgage specialist, can be a valuable asset to your legal team.

🎯Reverse mortgages offer a potential solution:

Maintaining Housing Stability: Enable clients to potentially stay in their homes by accessing home equity, easing the burden of potentially selling during a stressful time.

Facilitating Equitable Division: Reverse mortgage proceeds can contribute to a fairer division of assets, potentially reducing financial stress for both parties.

Supporting Retirement Security: Clients on fixed incomes can leverage the home equity they've built to supplement their income after divorce.

Together, we can offer your clients a more comprehensive solution.

Interested in learning more about Reverse Mortgages and how they can benefit your clients? Let's connect!

💡Reverse mortgages offer a valuable non-recourse feature. This means that if, at the time of loan repayment, the outstanding loan amount exceeds the home's value, neither the borrower nor their heirs are obligated to cover the shortfall, as outlined by HUD regulations. This protection ensures peace of mind for homeowners and their families, safeguarding against potential financial liabilities.

Curious about reverse mortgages? Contact me today to learn more!

🧠Keeping your mind sharp is essential at any age. Here are some tips to help boost your brain health:

Stay Physically Active: Regular exercise increases blood flow to the brain and supports overall brain health.

Eat a Balanced Diet: Focus on foods rich in antioxidants, healthy fats, vitamins, and minerals. Think berries, nuts, fish, and leafy greens.

Get Enough Sleep: Aim for 7-9 hours of sleep per night to help your brain rest and recover.

Stay Socially Connected: Engage with friends and family regularly. Social interactions can help improve cognitive functions.

Challenge Your Mind: Keep your brain active with puzzles, reading, learning new skills, or playing musical instruments.

Manage Stress: Practice relaxation techniques like meditation, deep breathing, or yoga to reduce stress levels.

Taking care of your brain is just as important as taking care of your body. What are your favorite brain-boosting activities? Share in the comments!

💡Yes, they may still receive an inheritance. After the home is sold and the reverse mortgage loan is repaid to the lender, any remaining equity will be passed on to your heirs. The loan is solely secured by the home, ensuring that your other assets are not at risk.

Contact me to learn more about managing your home equity wisely and planning for your family's future!

🇺🇲Celebrating the land of the free and the home of the brave! Share your 4th of July firework pictures!

🌟Social Security Update for 2025! As inflation cools, Social Security's cost-of-living adjustment (COLA) for 2025 might be lower. Stay informed about how this could impact your retirement planning.

🔗Read more in the link below.

Social Security’s COLA could be lower in 2025 amid cooling inflation - MarketWatch The cost-of-living adjustment is supposed to keep pace with inflation and preserve buying power for its recipients.

Alzheimer's affects not only those diagnosed but also their loved ones. Nearly 16 million Americans provide unpaid care for people with Alzheimer's and other dementias, contributing over 18.5 billion hours of care annually. 💜

Let's support these caregivers and advocate for more resources and research.

🍜Spice Up Your Life with New Friends! ️ Seniors, craving connection and culinary adventures? Join a Cooking & Culinary Club and discover a delicious way to socialize!

Foodie Friends: Bond with fellow food lovers, share recipes, and swap cooking tips.

Laughter in the Kitchen: Learn new skills, have fun experimenting, and create lasting memories together.

Nourish Body & Soul: Explore healthy recipes, rediscover the joy of cooking, and enjoy delicious meals.

Plus, you'll benefit from:

Mental Stimulation: Learn new techniques, keep your mind sharp, and boost cognitive function.

Social Connection: Combat loneliness, build friendships, and feel a sense of belonging.

Healthy Habits: Explore new cuisines, learn healthy meal planning, and improve your overall well-being.

No matter your cooking experience, there's a club for you! From beginner-friendly groups to themed cooking nights, find the perfect fit to tantalize your taste buds.

Ready to whip up some fun?
Search online for Cooking & Culinary Clubs near you.
Ask friends or family if they know of any groups they recommend.

Join the culinary adventure and rediscover the joy of cooking with friends!

💫Juneteenth is a celebration of freedom and resilience! Today, we honor the courage of those who fought for liberty and equality. Let's continue to work towards a future where every voice is heard and every dream is possible.

Father's Day is a time to reflect on the invaluable presence of dads in our lives. Whether it's offering a listening ear, lending a helping hand, or being a beacon of strength, dads enrich our lives in countless ways. Wishing all dads a wonderful Father's Day surrounded by love and appreciation! 🌟

💡Once you start receiving funds from a reverse mortgage loan, there are a few key obligations you must meet. These include:

Paying ongoing property taxes, insurance, and any homeowners’ association dues if applicable.

Covering home maintenance costs.

Keeping the home as your primary residence.

Interested in learning more about reverse mortgages? Contact me today!

Establish a growing line of credit as a backup safety net for unexpected expenses. As the unused principal increases over time, you gain access to more funds the longer it remains untouched.☂️

Tapping into the power of your home equity with a reverse mortgage can help you enhance your financial security, maintain your independence, and ensure you have the resources needed to enjoy your retirement years with peace of mind.

Contact me today to learn more about how I can support you in achieving your financial goals.

On this Memorial Day, we salute the heroes who laid down their lives for our nation. Their sacrifice is a reminder of the true cost of freedom. Thank you for your service. 🇺🇸

Many lenders will also offer proprietary reverse mortgages for those who have homes that are worth more than the FHA lending limit. These are typically jumbo loans that go by unique names. At Mutual of Omaha Mortgage, we offer the HomeSafe Reverse Mortgage which allows homeowners to borrow up to $4 million.

Contact me to learn more about the types of Reverse Mortgages.

✅Fact: With responsible use, homeowners can still leave equity to heirs. The loan amount is based on factors such as age and home value.

Contact me to learn more about Reverse Mortgages.

🌺Happy Mother's Day to all the incredible moms out there! Today, we celebrate the selfless love, boundless strength, and unwavering support that mothers provide. Thank you for all the sacrifices you make and the endless love you give. You are appreciated today and every day!

✅Fact: Eligibility is primarily based on age, home value, and equity. Credit and income are not as critical factors.

Contact me to learn more about Reverse Mortgage eligibility.

🎉Happy National Teachers' Day! To the educators who go above and beyond to empower students, ignite curiosity, and instill a love for learning, we salute you. Your dedication shapes the leaders of tomorrow. Thank you for all that you do!

🌟Mental Health Awareness Month is a reminder that even small steps can make a big difference in our well-being. Take a moment to breathe deeply, go for a walk in nature, practice gratitude, or reach out to a friend. Remember, self-care isn't selfish—it's essential. Let's prioritize our mental health, one small step at a time.

📊Curious about the new barometer of Americans' age 50+ financial health? This article explores why $75,000 is becoming a crucial threshold. Gain valuable insights into income, expenses, and financial well-being in today's economy. Don't miss out on this essential read! 📈

The New Barometer of Americans' Financial Health? $75,000 Why so many 50+people earning under $75,000 are struggling and not taking vital money steps

On Arbor Day, let's honor the beauty and benefits of trees. They provide us with clean air, shade, and habitat for wildlife. Join us in planting trees and promoting forest conservation efforts. 🌳🌿