Financing Alternatives
On this page, you’ll find different financing options that can help you improve your quality of life during retirement without having to sell your home. These solutions are specifically designed for people over 65 years old, allowing access to additional financial resources through your property while maintaining the right to continue living in it.
Why Choose Alternative Financing?
Alternative financing options are an excellent choice for those who want to maintain financial independence and stay in their homes. These alternatives allow seniors to access resources without selling their property or moving, ensuring stability and quality of life.
If you’re interested in exploring any of these options or want more information, don’t hesitate to contact us or check the FAQ section.
A reverse mortage is is a loan secured by your primary residence that allows you to receive additional income without selling your home. This option is regulated by law and is ideal for homeowners who want to continue living in their property without worrying about monthly payments.
Requirements:
Be 65 years old or older.
Own a home (it must be your primary residence).
Have heirs.
The loan cannot exceed the appraised value of the property.
Advantages:
No monthly payments are required. The loan is repaid using the value of your property after you no longer live in it.
You can continue living in your home for the rest of your life.
A suitable option for those looking to generate additional income.
SAelling bare ownership is a financial option that allows homeowners over 65 years old to receive a lump sum payment in exchange for transferring ownership of their home while retaining the right to live in it. This option provides immediate liquidity without losing the ability to enjoy your home.
Requirements:
Tener 65 años o más.
Ser propietario de una vivienda.
Aceptar transferir la propiedad a
Advantages:
Receive an instant lump sum payment that can be used to improve your quality of life or make other investments.
Continue living in your home without any changes to your lifestyle.
Ideal for those who don’t need to sell the property but want immediate financial relief.
Reverse rental is a financing model that allows a senior to lease their home to a company in exchange for receiving regular income. While you transfer the use of your home, ownership remains yours. The company rents out the property to others and pays you a portion of the income earned.
Requirements:
Be 65 years old or older.
Own a home.
Be willing to transfer the use of your home to a company.
Advantages:
Receive monthly income without losing ownership of your home.
The property remains yours, and you can sell it at any time.
Ideal for those looking to generate extra income without selling their home.
