Jan & Jack live in a custom home they built many years ago. When they reached retirement they still had a mortgage and inadequate cash-flow to help them make ends meet.
After speaking a mortgage advisor, they discovered the CHIP Reverse Mortgage. With this financial tool they were able to access $387,000 of their home’s equity, which allowed them to pay off their existing mortgage and invest in solar panels that ended up providing them an extra $800/month. Today, Jan & Jack have paid off their mortgage, have increased their monthly cash flow, and enjoy every day of retirement in their dream home.