We offer tailored debt consolidation solutions that help qualified retirees aged 55+ reduce financial stress and improve their cash flow. By leveraging your home equity, you may be able to combine multiple debts into a single, manageable debt payment—often at a lower interest rate.
Debt consolidation allows qualified applicants to refinance their mortgage or take out a new loan to pay off high-interest debts, such as credit cards and personal loans. Instead of juggling multiple payment schedules, you’ll make one predictable payment with more favorable terms, helping you regain financial control.
By refinancing your current mortgage loan, your finance charges may be higher over the life of the loan.
For retirees with significant home equity, a cash-out refinance is an excellent solution for consolidating debt. This option allows you to refinance your existing mortgage for more than you currently owe, using the difference as cash to pay off other debts.
Advantages of Cash-Out Refinancing:
Qualified senior homeowners aged 62+ can use a reverse mortgage to consolidate debt and free up cash flow. By tapping into your home equity, you can eliminate monthly mortgage payments while paying off high-interest debt, providing peace of mind during retirement. Like with any mortgage loan, the borrower is still responsible for paying property taxes and insurance.
Why Choose a Reverse Mortgage for Debt Consolidation?
Don’t let high-interest debt hold you back. Consolidate your debts, improve cash flow, and enjoy a stress-free retirement with our tailored solutions.
At American Senior Lending, we understand the unique financial needs of retirees. Our experienced loan officers provide customized lending solutions. From debt consolidation loans to reverse mortgage options, we’re here to guide you every step of the way.
Why Choose Us?
Contact Us Today at (866) 619-6947 or click here to schedule your free consultation. Let us help you simplify, save, and succeed in your retirement.
By submitting my information through this site, I authorize HighTechLending Inc to contact me by email or telephone and/or mobile device (including SMS and MMS text messages) at the number provided through the use of an automatic telephone dialing system or an artificial or prerecorded voice about an inquiry, any application submitted, loan or account, and/or regarding products, services, or promotions available. I authorize HighTechLending Inc to contact me even if the telephone number provided is currently listed on a corporate, state, and/or federal Do-Not-Call list(s). I understand that I am not required to give my consent as a condition of purchasing any goods or services from HighTechLending Inc. I may revoke my consent at any time. To revoke my consent with HighTechLending Inc I can contact marketing@
Corporate Headquarters
Eric is a distinguished leader in the mortgage industry, with over 22 years of experience and 16 years focused on reverse mortgages for seniors. As Vice President of Consumer Direct at Reverse Mortgage Funding (RMF), he built and led a top-performing sales team of 90+ mortgage loan officers, securing RMF’s position as a top three lender and servicer monthly. Simultaneously, he co-led a retail team of 125+ outside originators, further expanding RMF’s market dominance.
Before RMF, Eric propelled Liberty Reverse Mortgage (formerly Genworth Financial) to the number one reverse mortgage retail lender in the nation by establishing a 100+ employee call center and managing 90+ nationwide loan originators.
Eric plays a pivotal role in marketing, enhancing referral partnerships, direct-to-consumer initiatives, and wholesale efforts through his leadership. His success is driven by data and performance tracking. Licensed in 11 states and a California Department of Real Estate Broker, Eric’s proven track record of leadership and innovation is poised to attract significant investment opportunities.
