Recently, Kimberly featured Suzanne Scott of the Lifestyle Home Loan Team and learned about their home loan program that provides home buyers 62+ with 30-40% more buying power when purchasing a new home.
Below are key points about this exciting home loan program, provided exclusively through the Lifestyle Home Loan Team.
Redefining Retirement Living
This innovative program allows eligible borrowers, typically age 62 or older, to purchase their next home using the Lifestyle Home Loan* program — while eliminating monthly mortgage payments. **
How It Works
The Lifestyle Home Loan* is an age-based FHA-insured loan program for home buyers age 62 and older allowing them to purchase a primary residence with a one-time down payment with no monthly mortgage payments.** This structure offers flexibility, financial freedom, and peace of mind — helping retirees enjoy a home that better fits their evolving lifestyle.
Key Benefits
- No monthly mortgage payments**
- Increased cash flow to use for travel, healthcare, or other retirement goals
- Move into your “right-size” home — single-story, closer to family, or in a resort-style community
- Ownership and control remain with the borrower; the home stays in your name***
- FHA-Insured
Who It’s For
- Are age 62 or older
- Want to relocate or downsize without tying up all their cash
- Prefer to keep their retirement savings invested
- Desire to live comfortably without the burden of monthly mortgage payments**
A Smarter Way to Retire
Retirement isn’t about slowing down — it’s about living life on your terms. The Lifestyle Home Loan* empowers retirees to do just that. With more financial flexibility and the ability to live in a home that truly fits their needs, homeowners can make the most of their retirement years.
If you or someone you know is exploring options for a more comfortable, sustainable retirement, Mutual of Omaha Mortgage is here to help.
Contact: TEAM@lifestylehomeloan.com | 614-339-0432 | www.lifestylehomeloan.com
*The Lifestyle Home Loan is a Home Equity Conversion Mortgage for Purchase. **Borrower must occupy home as primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees. ***Homeowner retains title on the home, as long as loan terms are satisfied. Mutual of Omaha Mortgage, Inc., NMLS ID 1025894. 3131 Camino Del Rio N 1100, San Diego, CA 92108. Alabama Consumer Credit License 22123. Arkansas Combination Mortgage Banker/Broker/Servicer License 109250. Florida Mortgage Lender Servicer License MLD1827. Georgia Mortgage Lender License/Registration 46648. Indiana-DFI Mortgage Lending License 43321. Kansas Mortgage Company License MC.0025612. Kentucky Mortgage Company License MC707287. Michigan 1st Mortgage Broker/Lender/Servicer Registrant FR0022702. Minnesota Residential Mortgage Originator Exemption MN-OX-1025894. Missouri Mortgage Company License 21-2472. North Dakota Money Broker License MB103387. Ohio Residential Mortgage Lending Act Certificate of Registration RM.804535.000. Oklahoma Mortgage Lender License ML012498. Pennsylvania Mortgage Lender License 72932. South Carolina BFI Mortgage Lender/Servicer License MLS-1025894. South Dakota Mortgage Lender License ML.05253. Tennessee Mortgage License 190182. Virginia Mortgage Broker and Lender License, NMLS ID #1025894 (www.nmlsconsumeraccess.org). Wisconsin Mortgage Banker License 1025894BA. These materials are not from HUD or FHA and the document was not approved by HUD, FHA or any Government Agency. Subject to credit approval. www.nmlsconsumeraccess.org Equal Housing Lender