A retirement that lives up to the adventure

Meet Dennie & Hassan

Many of us aspire to retire early, but only some accomplish that goal. The things we do in our professional lives are often driven by the age in which we retire. Until we get there, our investments, savings, and other life choices dictate the reality of these goals. For Hassan and Dennie, retiring early was made possible by savvy decisions that put them in the position they dreamed about for their entire lives. Often, we focus a lot on what we do long before we retire, but in many cases, the things we do when we actually reach retirement can help position us for the success we yearn for.

The strategic decisions Dennie and Hassan made once they got there helped solidify the retirement they wanted for themselves.

Hassan, as he says, is “72 years young” and his wife Dennie is 69. With a lot of hard work and planning, they were both able to retire earlier than many other Baby Boomers their age.

They did a lot of research to find a reputable reverse mortgage loan provider who could help them stay in their home as long as they both lived1. Their loan gave them peace of mind and extra money to do the things they loved heading into retirement.

This is an example of how unique the path to retirement can be. Sometimes, there are challenges and tough decisions to be made. For Dennie and Hassan, a reverse mortgage was a savvy and productive tool that helped them reach their goals and live the life they truly desired.

1The right to remain in the home is contingent on paying property taxes and homeowner’s insurance, maintaining the home, and complying with the loan terms.

“Four years later, our reverse mortgage is working just as promised, giving us extra money each month to do the things we love. And, best of all, peace of mind knowing we can live in our home as long as we desire.”

— Dennie & Hassan,

Disclaimer: These materials are not from HUD or FHA and were not approved by HUD or a government agency. Not all products and options are available in all states. This article is intended for general informational and educational purposes only and is subject to change without notice and should not be construed as financial or tax advice. For more information about whether a reverse mortgage may be right for you, you should consult an independent financial advisor. For tax advice, please consult a tax professional. When the loan is due and payable, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to borrowers, who may need to sell the home or otherwise repay the loan with interest from other proceeds. The lender may charge an origination fee, mortgage insurance premium, closing costs and servicing fees (added to the balance of the loan). The balance of the loan grows over time and the lender charges interest on the balance. Borrowers are responsible for paying property taxes, homeowner’s insurance, maintenance, HOA Fees (when applicable) and related taxes (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise, the loan becomes due and payable. The loan also becomes due and payable, and the property may be subject to a tax lien, other encumbrance, or foreclosure) when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, defaults on taxes, insurance payments, or maintenance, or does not otherwise comply with the loan terms. Interest is not tax-deductible until the loan is partially or fully repaid. This is not a commitment to lend or extend credit. Security National Mortgage Company NMLS#3116. Local branch office 10609?Hayden?Rd.?Suite?100.?Scottsdale,?AZ?85260. Security National Mortgage Company home office address 433 Ascension Way, 5th Floor, Salt Lake City, UT 84123. Equal Housing Lender