See if you can unlock the potential of your home equity to improve cash flow. For qualified homeowners 55+, tapping into home equity through Home Equity Lines of Credit (HELOCs), reverse mortgages, or cash-out refinancing offers tailored solutions to cover expenses, consolidate debt, and enhance your lifestyle.
Home equity financing leverages the value of your home to provide financial flexibility. Whether you need to cover major expenses, reduce debt, or supplement retirement income, this strategy allows you to access cash without selling your home.
A HELOC is one of the most flexible ways to improve cash flow. With a revolving line of credit, you can access funds whenever needed—perfect for managing ongoing expenses or short-term cash needs.
Potential Advantages of Using a HELOC to Improve Cash Flow:
Example: Use a HELOC to fund a home accessibility upgrade or pay off credit card balances, reducing monthly obligations.
If you’re 62 or older, a reverse mortgage offers a way to access your home equity without monthly mortgage payments if you qualify. The borrower is still responsible for paying property taxes and insurance. This FHA-insured program lets qualified applicants convert equity into tax-free cash, improving cash flow during retirement. The borrower is responsible for paying the premiums for that insurance.
Key Features of Reverse Mortgages:
Example: Use reverse mortgage proceeds to pay off other high-interest debt or cover daily living expenses, freeing up your budget. The reverse mortgage is a new debt.
If multiple loans or high-interest credit card debt are straining your budget, a debt consolidation mortgage can help you regain control. By consolidating your debts into one lower-interest mortgage payment, you may be able to simplify your finances and reduce monthly obligations.
How Debt Consolidation Improves Cash Flow:
Example: Consolidating $20,000 in credit card debt with a cash-out refinance may save hundreds in monthly payments and improve your financial outlook.
When deciding how to improve cash flow with home equity financing, it’s essential to consider:
At American Senior Lending, we specialize in helping qualified homeowners 55+ understand their options and achieve their financial goals. Our experienced loan officers will provide personalized guidance to help you choose the home equity solution for your needs.
Why Choose Us?
Ready to improve your cash flow? Call (866) 619-6947 or click here to schedule your free consultation. Learn how to improve cash flow with home equity financing!
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.
