Call Us Today 828-350-8886 | For a Reverse Mortgage Dial 828-333-4922


It has been said, “Life is what happens to you when you are making other plans”. One great lesson of the Covid-19 health crises is; the best laid plans can be tossed to the wind. Forces beyond our control can take what seemed like Good Times, and disrupt everything we thought was normal.

What’s so shocking is how quickly things changed…from here on out, we must Expect the Unexpected.

A recent USA Today Article, quoted findings of a survey regarding Retirement Fears. It cited for roughly half of retirees, or near-retirees the single biggest fear is “Unexpected Expenses”.

Click Here to Speak with a Specialist.

For homeowners over age 62, there is something you can do about unanticipated costs. It starts with a basic fundamental rule of personal finance, which goes like this: Shore up your lines of credit when you do not need them, so they are in place when you do.

The Home Equity Conversion Mortgage, known as a HECM is the only Government Insured Reverse Mortgage, regulated by the Federal Housing Administration. This HUD Insured Retirement Loan can be set up as a GROWING line of credit. Meaning, you’ll have a standby credit line giving you access to cash for Emergencies, Unexpected Expenses, or as an added stream of tax-free income.

HECM’s are highly misunderstood and a vastly under-utilized financial tool, designed purposely for Senior Homeowners to convert a portion of a home’s equity, into cash to be used for any purpose.

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As long as you live in and maintain the home as your primary residence, pay your homeowners insurance and property taxes, then there is …No Required Monthly Payment.

The HECM Home Equity Line of Credit is a Safe, Smart and Sensible way to convert illiquid Home Equity, into a growing…cash reserve account.

To find out more about converting to a HECM, give us a call, and let’s see if we can free you up from your worries about those Unexpected Expenses, you can’t foresee, but you know are coming.

I’m Paul Donohue, I look forward to speaking with you soon.

Call Us Today 828-333-4922

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I’m Paul Donohue, this IS…Your Minute in Reverse!

I’m Paul Donohue, this IS…Your Minute in Reverse!

Reverse Mortgage Specialist
O. 828-333-4922
C. 336-254-3027
NMLS # 68305

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