With Such Limited Inventory
How Can You Offer Your Senior Clients More Options?


1 Minute Video & 5 Minute Read to Find Out

"Give your senior clients more home purchasing power & overcome the inventory shortage."

 With Access to this Very Special Product, Limited Inventory Could Be Your Route to Higher Commissions While Also Offering Your Senior Clients More Options?

With a retirement mortgage for purchase everybody wins! Increase sales opportunities for yourself and move more inventory while offering a great financial option to your senior clients.

  • Sell More Homes: To your senior (62 plus) clients who are looking to transition into retirement. Every senior client deserves the opportunity to plan for a better retirement.
  • Two Potential Transactions: Your potential benefit is to facilitate a home sale and a purchase. Help your senior buyers locate the home they are truly looking for rather than choose from a severely limited inventory.

By incorporating the retirement mortgage loan (available exclusively to homeowners 62+) into your business, you can open up a whole new growing market segment. By helping clients both sell their current home and purchase a new one, you can double your commissions. How many transactions are you missing out on each year?

Retirement Mortgage Advantages for Your Buyers

  • Access more inventory options including higher value homes without monthly mortgage payments (so long as they pay their property taxes homeowners insurance and maintain the home).
  • Remain close to family and friends while rightsizing their home for their unique lifestyle.
  • Expand their home purchasing power.

How Can Your Buyers Qualify?

Qualifications for a retirement mortgage are based on these important facts

AGE

Your buyer must be aged 62 or older to qualify for this mortgage. A non-borrowing spouse may be under age 62

HOME

Buyers’ new home must be a primary residence. Borrowers must occupy the property within 60 days of closing.

Down Payment

Your buyer must have a sufficient down payment to purchase the new home, typically 50% down. (Less for older clients)

The borrowers must also meet the financial requirements of the retirement mortgage program. The loan amount is based on the age of the youngest borrower or eligible non-borrowing spouse, prevailing interest rates, and the value of the home your buyer wishes to purchase.

Hello, this is Steve Parnell, if you are having trouble with these historically low inventory levels call or text me. I’ll introduce you to the benefits of a Retirement Mortgage, so instead of showing your senior clients 2 or 3 homes due to lack of inventory, show them how they can purchase their dream home at up to twice their original budget without incurring monthly mortgage payments.


Steve Parnell - Retirement Mortgage Specialist

NMLS #1595864

retirement mortgage speicialist - stephen parnell

How Does The Retirement Mortgage Program Work?

A retirement mortgage loan combines the homeowner’s one-time initial down payment with proceeds from the retirement mortgage loan to complete the purchase. The down payment must come from the homebuyers existing assets such as a savings, checking, retirement account, or equity from the sale of the buyer’s previous home.

Although the required down payment for a new home financed with a retirement mortgage may often be larger than that for a traditional mortgage, the retirement mortgage provides the buyer the option of no monthly mortgage payments  as long as the loan terms continue to be met, such as paying property taxes, homeowners insurance, HOA fees and home maintenance costs.

When you have senior clients looking to finance a new home purchase without taking on monthly mortgage payments, share how a retirement mortgage can help them accomplish their goal. All retirement mortgages are originated under the guidelines put in place by the US Department of Housing and Urban Development to protect borrower and strengthen the program.

Let's Review Your Buyers Options...

Pay Cash in Full

  • No Monthly Mortgage Payment
  • Depletes Savings - "House Rich Cash Poor"
  • Limited Buying Power

Retirement Mortgage

  • No Monthly Mortgage Payment*
  • Keep More Cash in Buyers Accounts
  • Increased Buying Power

* Borrower(s) must continue to pay property taxes, homeowners insurance, maintain the home and otherwise comply with the loan terms.

Traditional 30-Year loan

  • Mandatory Payments for 30 Years
  • Less Monthly Cash Flow due to Mortgage Payments
  • Buying Power Dependent on Income

Quick Facts

  • 1
    1 in 5 Home Buyers is aged 62 or older
  • 2
    With more than 10,000 Baby Boomers turning 65 every day, it's a growing market you can't afford to ignore

By incorporating the retirement mortgage loan (available exclusively to homeowners 62+) into your business, you can open up a whole new growing market segment. By helping clients both sell their current home and purchase a new one you could drastically increase your commissions. How many transactions are you missing out on each year?

Now is the time for you to grow your business by using the Retirement Mortgage

The Retirement Mortgage Program could be the Perfect Resolution to limited inventory.

Learn how the retirement mortgage for purchase home financing solution can make it easier for homebuyers age 62 and older to buy a home that better fits their retirement needs and wants.

All REALTORS® should go out of their way to educate themselves about retirement mortgages. There is so much misinformation out there it is always a good idea to fully understand the pros and cons.

See what people say about us

"Simple and stress free..."

"New Florida Mortgage made the whole experience simple and stress free. I was at ease during the whole process and everything was explained so I always knew what was going on with my loan application. It's great to work with someone you can trust."

Lisa O'Neal

"Responsive and attentive..."

"My wife and I decided to work with New Florida Mortgage and found them completely different. They are responsive, attentive and communicate often and clearly. Overall, it was a great experience and we are thrilled we did our loan with them."

Troy Wilkes

Learn Everything You Want to Know in a 15 minute call

Call or text me now on: 561-306-6927 or click below to choose a time to chat

"...Honest insight helped my client..."

"Steve uses his tremendous knowledge to quickly evaluate and re-work problems that may come up, giving a solution in a positive manner. A positive quality, and honest insight helped my client receive a loan when others were discouraged."

Jeffrey Baur

"I highly recommend using them for any of your home loan needs"

"As with all transactions there were questions and things that needed to be handled. Marty and his group took care of things immediately and made sure the process continued on with no interruptions. I highly recommend using them for any of your home loan needs."

Brian Thomson

"Incredible, what a team"

"Our closing process was painless. We closed on our home in 30 days. Incredible, what a team. Thank you."

Fusionav Boca

Increase sales opportunities and move more inventory while offering a great financial option to your senior clients.

When you have senior clients looking to finance a new home purchase without taking on monthly mortgage payments, share how a retirement mortgage can help them accomplish their goal. All retirement mortgages are originated under the guidelines put in place by the US Department of Housing and Urban Development to protect borrower’s and strengthen the program.


The retirement mortgage provides the buyer the option of no monthly mortgage payments as long as the loan terms continue to be met, such as paying property taxes, homeowners insurance, HOA fees and home maintenance costs.

The Retirement Mortgage is Not for Everyone!

So, who would make a good retirement mortgage candidate?

  1. Someone looking to increase their purchasing power

  2. Someone who sold a home and doesn’t want to use all of their cash proceeds on the purchase of a new home

  3. Someone looking to upsize, downsize, rightsize

Learn Everything You Want to Know in a 15 minute call

Call or text me now on: 561-306-6927 or click below to choose a time to chat

"Learn how the retirement mortgage home financing solution can make it easier for homebuyers age 62 and older to buy a home that better fits their retirement needs and wants. Plus you could drastically increase your commission.”

P.S. Call or text me on 561-306-6927 now and I’ll introduce you to the benefits of a Retirement Mortgage, so instead of showing your senior clients 2 or 3 homes due to lack of inventory, show them how they can purchase their dream home at up to twice their original budget without incurring monthly mortgage payments.

Equal Housing Opportunity

New Florida Mortgage LLC is an Equal Housing Broker. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.

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New Florida Mortgage LLC - NMLS#1607115
800 Village Square Crossing, Suite 322
Palm Beach Gardens, FL 33410
Tel: 561 370 7842

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