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Paying For An RV With A Reverse Mortgage
The endless senior citizen vacation.
For many couples, RVing in retirement is their dream vacation. RVing in retirement provides the opportunity to see the country at your own pace and enjoy the RVing lifestyle. When it comes time to buy a recreational vehicle though, RVing may lose some of its appeal. Particularly if you’re RVing in retirement and have limited income or don’t want to liquidate your retirement assets.
With M&T’s Reverse Mortgage Program, you can realize your dream of RVing in retirement without having to worry about making monthly loan payments. And qualifying is easy because income and credit history are not considered. With a Reverse Mortgage from M&T, homeowners age 62 or older can buy an RV and:
• Preserve retirement income and savings for other needs • Use additional reverse mortgage funds for gas, food or other travel expenses • Purchase RV upgrades, or a larger motorhome than you might otherwise afford • Take traditional senior citizen vacations including overseas travel or cruises
So stop dreaming and start RVing with M&T’s Reverse Mortgage Program. For more information on how you can use a reverse mortgage to pay for an RV, contact M&T today.
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