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Benefits of a Reverse Mortgage
A Reverse Mortgage through Genworth Financial Home Equity Access Inc. gives you the ability to enjoy financial security, peace of mind and the ability to remain in your home during your senior years.
You also have the freedom to use the net proceeds however you want—there are no limitations.*
- Supplement your retirement income
- Eliminate debt
- Pay for medical care, prescription drugs and in-home care
- Cover large or unexpected expenses
- Make home improvements
- Modify your home for better accessibility
- Travel to visit family and friends or take vacations
- Contribute to your grandchildren’s college education
- Buy that new car you need or want
- Gifts for the children/grandchildren
- Live a more comfortable lifestyle
*However, if your home is in need of FHA-required repairs or you have an existing lien, judgment, or taxes that are due, those must be satisfied, either through the Reverse Mortgage loan proceeds or prior to obtaining a Reverse Mortgage.
