Discover the power of a Reverse Mortgage

Enjoy your home forever.

The retirement you deserve.

Never make another monthly mortgage payment.

Fulfill your bucket list.

Gain access to additional cash to enhance your lifestyle.

A Reverse Mortgage is a home loan that allows homeowners 62 and older to withdraw some of their home equity and convert it into cash.

You don’t have to pay taxes on the proceeds or make monthly mortgage payments.

Now while it’s not for everyone, the Reverse Mortgage is an underutilized product in the Mortgage Lending world. With 10,000 people every day turning 65 years old and more than half of those with mortgage debt…it’s time to put fresh eyes on this program. There simply isn’t a loan that has this amount of flexibility or allows for more options to the homeowner.

With A Reverse Mortgage You Can

  • Age In Place Without All The Normal Pressures
  • Eliminate Monthly Mortgage Payments, Reducing Expenses and Increasing Cash Flow!
  • Reduce the Burden of Out-Of-Pocket Healthcare Costs
  • Fund the Expense for Caregivers, Live-In Nurses, or Other In-Home Care

Use Your Proceeds However You Like

  • Debt Consolidation
  • Living Expenses
  • Home Improvements
  • Helping Children With College
  • Buying Another Home to Better Meet Your Needs As You Age

A Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is a Federal Housing Administration (FHA) insured loan which enables seniors to access a portion of their home’s equity to obtain tax free funds without having to make monthly mortgage payments.

HECM reverse mortgages create more options – more monthly cash-flow – more financial peace of mind. A Reverse Mortgage is the best kept secret in mortgage lending…

Colorado Reverse Mortgage Specialist Tim Oddo

TIM ODDO

Reverse Mortgage Specialist with Luminate Home Loans, NMLS #302667
303.233.4500
tim.oddo@goluminate.com

I get a lot of satisfaction when I see my clients at the closing…talk about financial freedom!

I have been in the mortgage business for about 20 years and I originated my very first Reverse Mortgage back in 2005. My Specialties: reverse mortgage education, public speaking, strong relationship building, 20+ years in the mortgage industry.

Contact me to discover if this is an option for your unique needs.

A Reverse Mortgage, now more than ever, is an important tool that should be included in the retirement income planning for more homeowners.

DISPELLING MYTHS & EMPOWERING HOMEOWNERS

Reverse Mortgages have been misunderstood for far too long,

Knowledge is holding people back from this game-changing loan. I’m here to educate clients and professionals (from real estate agents to financial/retirement planners) on topics like:

LEARN MORE

“My Mother’s wish is to spend her remaining days/months/years in her home. As we know, in home care 24/7 is very expensive. The only way this was possible was to do a Reverse Mortgage. We were fortunate to find Tim Oddo…”

– Claudette Elder

“Tim’s introduction to me about reverse mortgages immediately changed my perception and understanding about what it means — and, the incredible value it can add to the lives of both early or late retirees. I wish I’d know sooner!”

– Cathy Kruzic

“My husband and I were not sure if a Reverse Mortgage was right for us. Many people told us we would not own our home anymore. This is just not true. After talking with Tim Oddo, who explained everything so well, we understood just what was involved.”

– Georgana Stolzenbach

“Deciding on going forward with a Reverse Mortgage was certainly a major decision and one I am glad I made.”

– Marge H.

Read Client Experiences

HOW CAN I HELP YOU?

Let’s answer your questions about this powerful loan.
Please don’t hesitate to call, text, or email me. Thank you!

.

TIM ODDO

303.233.4500
tim.oddo@goluminate.com
.

Let’s stay in touch! Connect with me on social media: