WHY A LIFESTYLE MORTGAGE?

Ovation Homes recognizes the changing financial needs for seniors, age 62 and older, entering into retirement years. Lifestyle Mortgages, also known as a reverse mortgage, can provide financial options for home owners who have equity in their primary residence. You can create a retirement lifestyle by using your Ovation Home as collateral and drawing against your home equity for life.

Features of a Lifestyle Mortgage:

  • No monthly mortgage payments – EVER
  • Additional cash for leisure or travel
  • Receive lump sum or stable monthly income
  • Supplement Social Security payments
  • Pay off unexpected medical expenses
  • NEVER repay the loan

Lifestyle Mortgages allow you to enjoy the comfort of premier one-level living, while maintaining a comfortable retirement lifestyle. For more information please call, 801-444-3639.


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