Realtors: Are your 55+ buyers overlooking a major financing option? š” Most people hear "reverse mortgage" and assume itās only for homeowners looking to refinance their current house. In reality, programs like SecureEquityā (SEQ) can be used to purchase a new homeāand eligibility starts as early as age 55 in many approved states (though age minimums vary by location). If you have clients looking to buy their next place without draining their savings, this opens up a whole new strategy. Itās a great conversation starter for buyers who want to: āØ Right-size into a home that fits their current lifestyle āļø Relocate to their dream retirement spot šØš©š§ Move closer to children and grandkids šµ Keep more cash on hand instead of tying up all their liquid assets in real estate For qualified buyers, reverse-to-purchase financing allows them to buy a home with no required monthly principal and interest mortgage payments. Instead of your clients feeling limited by the question, "How much house can I afford in all cash?" they can explore ways to boost their purchasing power while protecting their nest egg. Have a 55+ buyer getting ready to make an offer? Reach out to me first, and let's run a quick reverse-to-purchase side-by-side comparison so they know all their options. Disclaimer: Borrowers remain responsible for property taxes, homeowners insurance, applicable HOA dues/property charges, and maintaining the property. Age, property, financial assessment, state availability, minimum property value, and other program requirements apply.