Rosemarie J. Litoff

Did you know that a Reverse Mortgage Insurance Premium is much more powerful than private mortgage insurance? It not only insures the lender, but also the borrower AND the borrower’s heirs. The reverse is a non-recourse loan that requires no payments until the borrower turns 150 or moves out of the house permanently. That is a hugely generous guarantee. Contact me to find out all the details in regards to reverse mortgages so you can decide if this is a good option for your f...amily, or not. 858 673 0288 Business 805 657 0432 Cell rosemariereverse.com. DRE# 01492891 NMLS# 238800 DRE# 01821025 NMLS# 135622

There are pros and cons to reverse mortgages when it comes to taxes. The biggest tax perk is that since reverse mortgages are considered an advance on a loan as opposed to income, your reverse mortgage is non-taxable! As far as cons go, none of the interest that accrues on your reverse mortgage is deductible until it is actually paid, which is typically when the loan is paid in full. Another thing to keep in mind is that your mortgage interest deduction is usually subject to... the same limits as other home equity loansthat means you can deduct the interest on no more than a loan of $100,000. If you have any other questions in regards to reverse mortgages please don't hesitate to contact me! rosemariereverse.com. DRE# 01492891 NMLS# 238800

Retirement communities and assisted living facilities have become more common in recent decades. However, in the age of COVID-19, Americans may decide that large groups of older people living together in one place might not be a good idea after all. This could mean that more people will try to age in place. If you know someone who would like to consider this option, send them to www.rosemariereverse.com Source: https://bit.ly/3fVsI1K

If you are at least 60 years of age, and own your own home, a reverse mortgage could be exactly what you need right now. - A reverse mortgage enables older homeowners to convert their homes equity value into cash. - The home becomes collateral and repayments only take place when the homeowner either moves or passes away. - There are several types of reverse mortgages, each geared toward a different purpose or goals.... - There are different options as to how the money is received from the reverse mortgage. Let me explain more in detail the benefits and options which are available to you. rosemariereverse.com DRE# 01492891 NMLS# 238800

"The process of getting a reverse mortgage to completion is not for the weak-of-heart. There are a lot of hoops to jump through and I found it difficult. Having said that, I am confident that as time passes, I will be glad we persevered. Having Rosemarie Litoff as an agent was certainly my saving grace. She was available in person and by phone to thoroughly explain all the steps, and she responded quickly to all my questions. When I got overwhelmed and wanted to slow things... down, she was most gracious to go at my pace. I know she had to advocate for me with the lender and possibly others to be able to proceed more slowly. Rosemarie was there for us from beginning to the final signing of documents and will continue to be there for us. She is very resourceful if you need referrals in the community. I would rate her 5 STARS with no hesitation.- Nancy D. Check out the rest of my reviews here: https://bit.ly/RR_Review See more

#ReverseMortgage #RetirementPlanning #aginginplace

Many adult children wonder if a reverse mortgage is right for their parents. Here are some common questions I hear: Is there a concern from other siblings as to inheriting the home or the equity? Do I have the financial resources to help my parents with their medical and living expenses? What are my parents’ wishes as to staying home if medical care is needed for an extended time? Check out my website for my FAQ: https://rosemariereverse.com/abo/who-we-help/adult-children

Have you considered a Reverse Mortgage as part of your retirement plan? Americans in their retirement years depend on their investments for income and are facing unexpected risks as the coronavirus pandemic wreaks havoc on the economy and personal finance. I can help you consider all of your options and introduce you to a financial advisor. rosemariereverse.com.

#ReverseMortgage #RetirementPlanning #AgingInPlace

Looking for a way to give back to the elderly this holiday season? Take a few minutes to sit down and write a card to a senior. Not sure what to say? Tell them about yourself, maybe say a joke or a riddle and let them know that they are loved. Why? Bringing joy into the lives of the elderly, of course! Love for the Elderly has brought joy to tens of thousands of seniors across the globe, motivating and inspiring people to give back to their elders in over 60 countries and 6 continents. For more information click here: LoveForOurElders.org

Deciding whether a reverse mortgage loan is right for you can be a daunting task, but we are here to hopefully alleviate some confusion and provide you with all the information you need to make the best decision for you and your family. The cash you can potentially receive is based on the age of the youngest borrower, the current expected interest rate, the mortgage option selected, and the appraised value of the home. Contact me today for your no-obligation reverse mortgage evaluation and quote. rosemariereverse.com.

Happy Thanksgiving! What are you grateful for today? https://rosemariereverse.com/

Can getting a reverse mortgage really be a pleasant experience? Yes, it can! With over 15 years in the mortgage industry, I know the ins- and outs, the challenges and the shortcuts. I recognize you need quality information to make the best-informed decisions about how to refinance or purchase a home. And having been on the wrong end of some bad mortgage transactions, I am determined to provide anyone with whom I work with a positive loan experience. https://rosemariereverse.com/

When was the last time you were excited to check your mailbox? Life is stressful enough, I’ve made it my life’s goal to make the loan process as painless and worry-free for you as possible. Your questions are always answered quickly, honestly, and completely. Putting your home equity to work for you shouldn’t add to your troubles. https://rosemariereverse.com/

Now is the day you can take control of your future. We should talk if you have heard wild stories about reverse mortgages, even though it’s rated by JD Powers as having the highest satisfaction rate of any available financial product. Take the next step to find out what is best for you, and give me a call. I would live to talk to you! https://rosemariereverse.com/

Do you own your home, and want to retire soon? Did you know that a reverse mortgage can help you finance your continuing lifestyle in retirement? Give me a call to discuss if a reverse mortgage is right for you! Here are a few facts you should know about me: Certified Reverse Mortgage Professional Designation 2020 Home Equity Conversion Mortgage (Reverse Mortgages) since 2005 Licensed Realtor since 2005 Recognized by the National Association of Women Business Owners... Member of National Reverse Mortgage Lenders Association Bachelors Degree from Woodbury University Marketing Degree from Loyola University Get someone working for you who understands your frustration and the need for straight answers to straight questions. Let me know how I can help you. https://rosemariereverse.com/reverse-mortgage See more

There are many misconceptions about reverse mortgages that sometimes lead people away from considering one. Here are many of the myths and facts about reverse mortgages that we hope bring clarity and assist you in making the most informed decision. https://rosemariereverse.com/reverse-mortga/myths-and-facts

https://reversemortgagedaily.com//the-street-reverse-mort/ #ReverseMortgage #RetirementPlanning #AgingInPlace #GrayDivorce

Hi friends! If you’re interested in a Tesla Solar Roof, please reach out to me! I have a direct hook-up with the first local certified installer for this awesome new product!

It is Active Aging Week! You can celebrate the positive benefits of staying healthy and active at any age. I am committed to educating you on the options to help you enjoy these years. https://rosemariereverse.com/

Thanks so much for the kind words! I'm so glad I could help: Rosemarie is an expert on Reverse Mortgages and very easy to work with. With our Reverse Mortgage, and not making mortgage payments, a great weight had been lifted off our shoulders. Prior to this, we were draining our savings and had to watch our spending very closely. Now we could do things we hesitated to do before, and our lifestyle has greatly improved We recommend calling Rosemarie if you want to know more a...bout Reverse Mortgages and finding out if it is right for you. Roberto and Francesca, Oceanside, CA #ReverseMortgage #RetirementPlanning #AgingInPlace

Did you know that a reverse mortgage can have significant tax benefits? A reverse mortgage is a loan, so the money from it is typically tax-free, whether you receive it as fixed income or in a lump sum. Which can be a great option for those looking for financial assistance. However, always consult with your tax professional first for any tax related questions. For anything reverse mortgage related, contact me! (805) 657-0432

Rosemarie is honest, hard working, knowledgeable, helpful and has the best follow up skills of anyone I've ever met! If you are even thinking about a reverse mortgage or reverse purchase I highly recommend giving her a call. She will explain all your options so you can see if a reverse loan is the best loan for you. No pressure, no gimmicks, just honest information and great service. Thanks Rosemarie! -Jenny H. Thank you Jenny! Do you know someone that could benefit from a ...reverse mortgage? Give me a call! (805) 657-0432

Do you or your parents have equity in the house but are struggling just to make ends meet? A reverse mortgage may be the answer! Give me a call today to discuss your options.... (805)657-0432 See more

Rosemarie is top-tier at what she does. She is patient, educational and totally committed to helping. Dave L Thank you Dave! I love raving reviews! Have we worked together and you haven’t had the chance to write a review? Here are a couple of ways to write a review:... 1. If you have a Google Account (gmail account) A. Go to https://goo.gl/DbMErk B. Sign in to your google account C. Write Review 2. For my YELP page A. https://www.yelp.com/writeareview B. Where column says find put in Rosemarie Litoff C. When my picture comes up there is a button saying write a review D. Complete review and then hit sign up and post Thank you for taking the time to write a review!