See how a reverse mortgage could help you stay in your home in Victory at Verrado, Buckeye, remove a monthly mortgage payment or add to your retirement income. Mark Boeck explains what you may qualify for and what it costs.
Retirement Mortgage Advisor
NMLS #107448 DRE #01845041
Turn part of your equity into cash, monthly payments or a line of credit, and keep living in your Victory at Verrado home. First year draws are limited, and Mark explains how.
If you still have a mortgage, a reverse mortgage can pay it off. No monthly principal and interest payment is required while you live in the home.
You keep the title and stay in your home. Keep paying property taxes, insurance, HOA dues and upkeep, and the loan stays in good standing.
Take a lump sum, monthly payments, a line of credit or a mix. With a HECM, any unused line of credit grows over time, so more is available later.
You never owe more than your home is worth. When the loan is repaid, your heirs keep any equity left after the balance is paid.
Mark Boeck explains what you could receive, what it costs and the alternatives in plain English, so Victory at Verrado homeowners can decide with confidence.
Mark Boeck, Retirement Mortgage Advisor (NMLS #107448), has more than 25 years in mortgage lending and helps homeowners in Victory at Verrado and across Arizona. Working with Mark means:
If you live in Victory at Verrado and are curious about how a reverse mortgage works, this FAQ section answers the key questions around eligibility, loan structure, and how it fits into your retirement plan. Mark Boeck is here to guide you every step of the way.
A reverse mortgage allows qualified Victory at Verrado homeowners to turn part of their home equity into tax-free funds with no monthly mortgage payments. The loan is repaid when you move out, sell the home, or no longer live there as your primary residence.
To qualify, you must be 62 or older, live in your home full-time, and have enough equity. Your property in Victory at Verrado must meet FHA standards, and you’ll need to complete a brief counseling session as part of the process.
A reverse mortgage pays off any remaining mortgage balance, eliminating the need for monthly payments. This helps many homeowners in Victory at Verrado reduce their financial burden and enjoy more peace of mind in retirement.
Yes. A reverse mortgage gives you access to the equity in your Victory at Verrado home while allowing you to stay in it. The funds can be received as a lump sum, monthly income, or line of credit.
You can. A reverse mortgage for purchase allows you to buy a new home in Victory at Verrado without monthly mortgage payments. It’s a popular option for those relocating into the community or downsizing.
Yes. Homeowners in Victory at Verrado can refinance their reverse mortgage to access additional equity, update loan terms, or add a spouse. Mark Boeck can review your current loan and help you understand your options.
Absolutely. A reverse mortgage offers an income stream that many Victory at Verrado residents use to manage living expenses, pay for healthcare, or avoid dipping into savings. It’s a flexible way to strengthen your retirement income.
Whether it’s travel, home improvements, or planning for long-term care, reverse mortgages help Victory at Verrado homeowners fund what matters most in retirement. The loan adapts to your goals and lifestyle.
Yes. Reverse mortgages are FHA-insured and include built-in protections. You keep ownership of your home and are protected from owing more than the home’s value if loan terms are followed.
Schedule a consultation with Mark Boeck. He’ll explain how a reverse mortgage could work for your home in Victory at Verrado and provide a personalized overview of your options.
