Mortgage Financing
Estate planning requires an understanding of your financial situation. The Law Office of William A. Kolb works closely with your financial advisors to analyze your present financial situation and help you achieve your financial goals.
Many people find that their home is their primary financial asset. We can assist you in mortgage origination or mortgage refinancing to take advantage of today's competitive interest rates.
Reverse mortgages are another tool that assists clients in maintaining an independent lifestyle. A reverse mortgage is a loan taken out on your house that you do not have to repay until you die, permanently move out of your home, or sell your home. This allows you to spend down the equity on your home while you still live there but without making loan payments. Reverse loans are generally available to seniors of 62 years and older, and while they are not for everyone, may be a valuable source of supplemental income.
To arrange an appointment, please contact us online or call 312-427-9150.