PLANNING FOR AGING PARENTS
Also known as a Home Equity Conversion Mortgage (HECM) WHAT IS A REVERSE MORTGAGE?
HELPING YOUR PARENTS PREPARE FOR THE FUTURE Having 'the talk' with your parents about their future can be uncomfortable — but it's one of the most important conversations you'll ever have. Without a plan, your family may face uncertainty, financial strain, or court involvement during a medical or end-of-life crisis.
Snyder Law offers support for families at every stage — whether you're starting from scratch or reviewing a decades-old trust. We’ll help you avoid common pitfalls and ensure your parents' wishes are honored with dignity and clarity.
With a HECM, your home pays you. Instead of making monthly payments, you receive money from your home's built-up value . You retain ownership of your home and can continue living in it as long as you meet basic requirements. HOW DOES A HECM WORK?
KEY QUESTIONS TO EXPLORE TOGETHER
Tom Di Leo Mortgage Professional | 40+ Years Experience MEET YOUR REVERSE MORTGAGE SPECIALIST “I take great care and pride in helping my clients fully understand their loan options. I specialize in Reverse Mortgages for homeowners 55 and older and am here to guide you with integrity and clarity.”
• Do your parents have an up-to-date estate plan?
Supplement retirement income Stay in the comfort of their home Receive funds as a lump sum, monthly payments, or a line of credit Access equity in their home without monthly mortgage payments Enjoy flexible use of funds — from paying off debts to covering healthcare expenses A REVERSE MORTGAGE ALLOWS HOMEOWNERS AGED 55+ TO:
• Have they named someone to make financial and medical decisions if they can't?
• Do they have long-term care insurance or a care plan?
Our FREE Sandwich Generation Guide will give you valuable insight into how to be prepared for this stage in life. It covers everything you need to know, from the initial conversation to late-stage measures. Scan the QR code and download your copy.
• What are their wishes around medical treatment, housing, and funeral arrangements?
Tom Di Leo | NMLS # 328183
Contact me today!
Let’s find out if a Reverse Mortgage is the right fit for your future. 562.547.4311
• Do they understand how to avoid probate and preserve assets?
naf.com/TomDiLeo
Tom.DiLeo@nafinc.com
California Department of Financial Protection & Innovation. MLO License # CA-DBO328183 Borrower is responsible for paying taxes, insurance, and other property expenses. Borrower must occupy home as their principal residence. A new loan will require a new credit check, appraisal, title search, initial mortgage insurance premium, closing costs and fees. Consult your tax advisor. Equal Housing Opportunity. This is not a loan commitment or guarantee of any kind. Terms and conditions apply. Subject to borrower and property qualifications. Not all applicants will qualify. Rates and terms are subject to change without notice. All mortgage loan products are subject to credit and property approval. © New American Funding, LLC. NMLS #6606. nmlsconsumeraccess.org. Corporate office 14511 Myford Rd., Ste 100, Tustin, CA 92780. Phone: (800) 450-2010. https://www.newamericanfunding.com/ 06/25 NAF.com
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