Discover how a Reverse Mortgage from The Bamman Team in Roswell, NM, can help you tap into your home’s equity to enjoy a secure and fulfilling retirement.
A reverse mortgage allows homeowners aged 62 and older to access their home equity without selling or making monthly mortgage payments. The Bamman Team helps seniors across New Mexico understand how this powerful financial tool can support retirement goals.
Yes. A reverse mortgage allows you to continue living in your home as long as it remains your primary residence. We help New Mexico homeowners explore options that provide financial security without giving up the comfort of home.
To qualify, you must be 62 or older, own your home outright or have significant equity, and live in the home full-time. The Bamman Team walks you through the eligibility requirements and helps you determine if a reverse mortgage is the right fit.
Funds from a reverse mortgage are yours to use as you wish. Many clients in New Mexico use them for retirement income, medical bills, home improvements, or even to pay off existing debt. We help you explore the possibilities with no pressure.
A reverse mortgage does not mean your family will lose the home. When the borrower passes or moves out, the loan is repaid through the sale or refinance of the home. We guide families across New Mexico through this process with care and clarity.
Located at 200 E 4th St Suite 500 in Roswell, The Bamman Team offers trusted local guidance backed by years of experience. We provide compassionate, transparent support for seniors and their families throughout New Mexico who want to explore the benefits of a reverse mortgage.
The Bamman Team at Geneva Financial, located at 200 E 4th St Suite 500 in Roswell, NM, offers trusted and personalized guidance for seniors exploring reverse mortgage options. We understand that this decision is about more than just accessing home equity. It is about creating financial peace of mind while remaining in the home you love.
With years of experience serving homeowners across New Mexico, we take the time to explain the process clearly and answer every question with patience and care. Whether you want to supplement your retirement income, eliminate monthly mortgage payments, or make use of your home’s value, we are here to help you do it with confidence.
Our local team is committed to providing reliable support from start to finish, offering clarity, compassion, and expert service every step of the way.
Understanding Your Options Starts Here
The Bamman Team, located at 200 E 4th St Suite 500 in Roswell, NM, helps seniors across New Mexico explore reverse mortgage solutions with clarity and care. If you are considering using your home equity in retirement, these common questions can help you make an informed decision.
To qualify, you must be at least 62 years old, live in the home as your primary residence, and have significant equity. The Bamman Team will review your situation and help you understand whether a reverse mortgage is the right fit for your goals.
A reverse mortgage allows homeowners aged 62 and older to unlock the equity in their homes without selling or making monthly payments. Designed to provide financial flexibility in retirement, this loan turns your home’s value into cash that can be used for living expenses, healthcare, or other needs. The Bamman Team is here to help Roswell homeowners understand reverse mortgages and how they can enhance your financial future.
With a reverse mortgage, you receive payments based on your home’s equity, which can be disbursed as a lump sum, monthly payments, or a line of credit. Unlike traditional loans, no repayment is required until the home is sold or you no longer live in it. The Bamman Team ensures you understand the process, helping you make informed decisions about using your home as a financial resource.
A reverse mortgage offers financial security in retirement by providing access to your home’s equity. With no monthly mortgage payments required, you can supplement your income, cover healthcare costs, or manage other expenses. Additionally, you retain ownership of your home. The Bamman Team will guide you through the process, helping you unlock these benefits and enjoy peace of mind in your golden years.
Reverse mortgages are available to homeowners aged 62 or older who live in their primary residence. Your home must meet specific criteria, such as being in good condition and having sufficient equity. The Bamman Team will review your eligibility and explain the requirements, ensuring you understand how to qualify and maximize the benefits of this unique loan program.
If you’re a senior looking for additional income or financial flexibility, a reverse mortgage may be an excellent option. It’s ideal for those with significant home equity who want to stay in their homes while accessing funds for retirement expenses. The Bamman Team will help you evaluate your financial situation, explain the pros and cons, and determine if a reverse mortgage aligns with your long-term goals.
The Bamman Team in Roswell, NM, is here to simplify the process of obtaining a Reverse Mortgage. We’ll evaluate your situation, explain the terms, and help you decide if this option aligns with your goals.
A Reverse Mortgage allows you to borrow against your home’s equity without selling it. Funds are repaid when you move, sell the property, or pass away.
The amount depends on your home’s value, your age, and current interest rates.
No, the funds are considered loan proceeds, not income, and are generally not taxable.
Yes, your heirs can inherit the home, but they will need to repay the loan balance, typically by selling or refinancing the property.
We are local, experienced, and committed to helping seniors across New Mexico make confident decisions. At The Bamman Team in Roswell, we take the time to explain every detail and guide you through the process with care, transparency, and a focus on your long-term comfort and peace of mind.
The Bamman Team with Geneva Financial, LLC offering personalized mortgage guidance solutions, fast customized quotes, great rates & service with integrity.
Brian Bamman NMLS #265635
Jane DeRose-Bamman NMLS #1823677
Copyright©2025 Geneva Financial, LLC, NMLS #42056
For complete licensing information, visit https://nmlsconsumeraccess.org/
Not a commitment to lend. All loans are subject to credit and underwriting approval. Additional terms and conditions apply. Not all applicants will qualify. AZ BK #0910215. Corporate Address: 180 S. Arizona Ave, Suite 310, Chandler, AZ 85225. Toll-Free: (888) 889-0009. Loan approvals, products, and interest rates may vary and are subject to change without notice. Geneva Financial, LLC is not endorsed by, or acting on behalf of HUD, FHA, USDA, VA, or any agency of the federal government. Equal Housing Lender.
