Reverse Mortgages Near You - Lyons Reverse Mortgage Lender
Meet Laura Phillips
Laura Phillips
Retirement Mortgage Specialist
NMLS #281098
(866) 945-1655
Find the best reverse mortgage deals in Lyons, Colorado.
Laura Phillips and Mac5 Mortgage Inc are one of Lyons’ most respected teams if you are keen to learn about how a reverse mortgage can offer you a brighter future – from Boulder City to Garden City and anywhere in Boulder County.
Laura's mission is to carefully guide her clients through the HECM/reverse loan process to help them make the best financial choices for their next 30 years.
She works with real estate professionals, customers and financial advisers who seek superior service and a knowledgeable consultant to help them navigate home financing.
Laura has 25 years’ experience in the industry and appreciates the sensitivities that come with her calling.
“We’re not just talking about someone’s house, it’s someone’s home and it’s not just the biggest financial commitment a person makes in their life but a significant emotional one as well,” Laura says.
“While most people only think about home financing a few times in a lifetime, I think about it every day, bringing my professionalism, integrity, and knowledge of the mortgage industry to each and every client.”
Laura serves all of Colorado, working with several primary reverse lenders, providing loans to enhance her clients' cash flow, preserving retirement assets or purchasing a home that meets future needs.
She is a wife of more than 35 years, a mother of two amazing daughters and a pet guardian of a rambunctious King Shepherd — a German Shepherd hybrid.
Laura has lived abroad as well as in many states west of the Mississippi but is happy to call Colorado home.
She loves the Centennial State’s diverse lifestyle from fine dining to rugged camping.
And she is passionate about traveling (even if it’s the armchair version), good food and spending time with friends and family.
What is a reverse mortgage?
Dynamic but often misunderstood, a reverse mortgage is a product that homeowners struggling for liquidity simply must consider.
It is ideal for retirees who have equity in their properties but are finding the costs of day to day living challenging.
As long as you are 62 years of age, you can apply for this potentially life-changing loan that puts money back in your pocket, allowing you to continue to live in your family home.
That’s because it generates a brand new income stream by converting your equity into cash.
The result is a vastly improved standard of living and the dispelling of any thoughts about having to downsize to see out your retirement.
Funds can be transferred in a number of different ways including a line of credit, monthly installments, a lump sum or a combination of all three.
As long as the terms of the loan are met, it does not require repayment until either the homeowner sells or the last surviving borrower passes away.
It’s one of the canniest ways homeowners can enjoy their retirement in a way they may no longer have dreamed possible.
And while there has been a slight decrease of 0.1% over the last 12 months, average prices remain strong at $755,532 (https://www.zillow.com/home-values/12486/lyons-co/)*.
Already, 588 people in and around Boulder have purchased a reverse mortgage with 50 buying one in the last 12 months.
About Lyons, Colorado
Lyons, Colorado, is a quaint and picturesque town nestled in Boulder County, at the confluence of the North and South St. Vrain Creeks. Known for its stunning natural beauty, vibrant arts scene, and outdoor recreational opportunities, Lyons offers residents a serene and idyllic lifestyle in the heart of the Rocky Mountains. With a population of approximately 2,000 residents, Lyons retains its small-town charm while embracing a strong sense of community and creativity.
Lyons' history is deeply intertwined with its origins as a mining and agricultural town in the late 19th century. The town's historic downtown area features charming shops, art galleries, and cafes housed in beautifully preserved historic buildings. Lyons' rich heritage is celebrated through various community events and festivals that pay homage to its mining and agricultural roots.
One of Lyons' standout features is its breathtaking natural surroundings. The town is surrounded by towering red rock cliffs, lush forests, and meandering rivers, providing residents with ample opportunities for outdoor recreation. Nearby attractions like Rocky Mountain National Park, Hall Ranch, and Button Rock Preserve offer hiking, rock climbing, fishing, and wildlife viewing amidst spectacular mountain landscapes.
Lyons' vibrant arts and music scene is evident in its numerous art galleries, music venues, and cultural events. The town is home to several renowned music festivals, including the RockyGrass Festival and the Rocky Mountain Folks Festival, which draw musicians and music lovers from around the world. The Lyons Arts and Humanities Commission organizes various arts events, workshops, and exhibitions throughout the year, fostering creativity and cultural enrichment within the community.
Education is a top priority in Lyons, with the St. Vrain Valley School District serving the town's K-12 students. The town is also home to several educational and enrichment programs, including the Lyons Community Foundation and the Lyons Library, providing residents with access to lifelong learning opportunities.
As a reverse mortgage loan officer in Lyons, I am proud to serve the residents of this vibrant and close-knit community. Whether you're considering a reverse mortgage to access your home's equity or exploring financial options, I am here to provide expert guidance tailored to the unique opportunities and challenges of living in Lyons. Lyons embodies the best of Colorado living, where natural beauty, creativity, and community spirit converge to create a truly special place to call home.
Contact your Lyons reverse mortgage lender today.
Laura is standing by to answer any and all of your questions about reverse mortgages.
For a no obligation assessment of your situation, please call Laura on (866) 945-1655. She would love to hear from you!
*As of April 2024
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