Thinking about downsizing, relocating, or buying your dream retirement home? A Reverse Mortgage for Purchase lets you buy a new home without taking on monthly mortgage payments. Mark Boeck, Senior Reverse Mortgage Specialist, helps Arizona homeowners move confidently into the next chapter of life — while keeping more of their retirement savings intact.
A Reverse Mortgage for Purchase allows you to combine the proceeds from the sale of your current home with a reverse mortgage loan to finance your next property. Instead of paying cash in full or taking on a new traditional mortgage, you can buy a home and eliminate monthly mortgage payments, giving you more freedom and flexibility in retirement.
Move into your next home without the financial stress of a monthly mortgage bill. A Reverse Mortgage for Purchase lets you secure your new primary residence and enjoy the peace of mind that comes from stronger cash flow and financial independence.
Rather than tying up all your retirement savings in your new home, a reverse mortgage lets you keep more funds available for healthcare, travel, hobbies, or emergencies. This strategic move strengthens your financial security throughout retirement.
Choose a home that better fits your lifestyle today — whether it’s downsizing to a smaller home, finding a single-level floor plan, or moving to a low-maintenance property. A Reverse Mortgage for Purchase gives Arizona seniors the flexibility to create a simpler, more manageable retirement life.
A Reverse Mortgage for Purchase offers flexible financing options tailored to seniors planning ahead. Whether you want to relocate closer to family or upgrade to a home with modern features and accessibility, you can finance your next move without sacrificing financial stability.
This program is ideal for homeowners looking to downsize, relocate closer to family, find a low-maintenance home, or upgrade for greater comfort and safety. Mark Boeck works closely with Arizona seniors to structure personalized solutions that fit both immediate needs and long-term goals.
Contact Mark Boeck, Arizona’s trusted Senior Reverse Mortgage Specialist, today and explore how a Reverse Mortgage for Purchase can help you make your next move with confidence.
Buying a new home in retirement can feel overwhelming — but it doesn’t have to be. Mark Boeck, trusted Senior Reverse Mortgage Specialist, answers common questions about using a Reverse Mortgage for Purchase so you can move forward with confidence and clarity.
A Reverse Mortgage for Purchase allows Arizona seniors to buy a new primary residence without taking on monthly mortgage payments. It combines funds from the sale of a previous home with a reverse mortgage loan to finance the new property.
Homeowners must be at least 62 years old, plan to live in the new home as their primary residence, and meet basic credit and income guidelines. Mark Boeck can help you review your eligibility during a free consultation.
Yes, you own your new home outright, just as you would with any other type of mortgage. You retain full ownership, and your name remains on the title.
Single-family homes, townhomes, and FHA-approved condominiums typically qualify. The home must be your primary residence and meet basic property condition standards.
Yes. You may use proceeds from the sale of your old home and personal savings to meet down payment requirements, and the reverse mortgage loan will cover the remainder needed to complete the purchase.
If you move out of the home permanently or sell it, the reverse mortgage loan becomes due. The loan is repaid from the proceeds of the sale, and any remaining equity belongs to you or your estate.
