Reverse Mortgages Near You - Boulder Reverse Mortgage Lender
Meet Gabe Bodner
Gabe Bodner
Branch Manager & Reverse Mortgage Planner
NMLS #235374
Get the best reverse mortgage deals in Boulder, Colorado.
Gabe Bodner and OneTrust Home Loans are one of Boulder’s best teams to talk with if you have any questions about how a reverse mortgage might help you – whether you’re in Longmont, Louisville, Lafayette, Loveland or anywhere in Boulder County.
Gabe has been a mortgage professional for more than 20 years and has experience in many different aspects of the industry, having worked as a mortgage banker, broker, sales manager, branch manager and owner of a very successful business in Silicon Valley, CA.
But serving seniors is what Gabe is really passionate about.
He moved to Boulder, CO in the summer of 2016 with his wife, Tamara and two sons where he now devotes much of his time to helping retirees throughout Boulder County in his role as a Reverse Mortgage Planner.
Even if you’re in Berthoud, Superior, Broomfield or Westminster, Gabe is your man if you’re looking for a refinancing option that could change your life.
Gabe’s specialty is helping seniors evaluate their income and cash flow needs in retirement.
He believes that the traditional model of retirement planning in our country is broken and his goal is to offer a better solution.
Gabe explains that by factoring in home equity into their retirement planning strategy, his clients will not only improve their cash flow but they can also pay less tax and leave a larger legacy for their heirs.
When Gabe is not working, he enjoys spending time with his family, skiing, running, biking, hiking, camping and almost anything outdoors that beautiful Boulder offers.
Gabe also served four years on active duty in the US Army and a further four years in the Army Reserve.
What is a reverse mortgage?
A reverse mortgage is a debt buster.
It’s like a Trojan horse that overcomes your liquidity problems and allows you to enjoy a stress-free retirement.
It does this by taking the equity that you have in your home and turning it into a brand new income stream.
As long as you are at least 62 years of age, a reverse mortgage might be the magic bullet to all of your problems.
The cash that a reverse mortgage avails you will allow you to remain in your family home, rather than contemplate the unsavory prospect of having to sell, just to finance your retirement.
That cash can transform your standard of living in a heartbeat.
You can begin contemplating all of life’s luxuries just like you once did – perhaps vacations in the sun, home renovations or splashing out on the grandchildren.
Funds can be made available in a number of different ways including a line of credit, monthly installments, a lump sum or even 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 cleverest ways homeowners can put their financial struggles behind them and boost their standard of living.
In the two years to July, 2022, average house prices in Boulder soared by 33.9% beyond the magic one million dollar mark.
And while there has been a minor correction of 3.8% over the last 12 months, the market remains very strong at an average of $991,193* (https://www.zillow.com/home-values/30543/boulder-co/).
There are 1,559 people in Boulder or nearby who have purchased a reverse mortgage with 194 of them signing up in the last 12 months alone*.
About Boulder, Colorado
Unsurprisingly, Boulder takes its name from the abundance of boulders scattered throughout streams in the area.
A group of 60 gold prospectors established the Boulder City Town Company in 1859.
Silver and coal discoveries underpinned mining as Boulder’s chief industry well into the 20th century.
But by 1907, the locals had to head out of town to imbibe in a drink after a largely female-led prohibition movement that shut down local saloons.
The order was not overturned until 1967 although beer under 3.2% alcohol was allowed by 1933 with the abolishment of national prohibition.
Ironically, it now joins Denver and Fort Collins to form the world’s largest beer-producing triangle.
The city has put mechanisms in place to protect its natural beauty from excessive urban expansion.
Its population nearly doubled in the 1950s and again in the 1960s but has since plateaued to a little more than 108,000 by 2020.
As a college town and home to the University of Colorado, Boulder has a higher than average number of young people.
Already lying 5,430 feet above sea level at the foot of the Rocky Mountains, many enjoy the numerous hiking trails scattered across the majestic Chautauqua Park and the Flatirons, one of Boulder’s most recognisable landmarks.
The classic TV sitcom Mork & Mindy was set in Boulder.
Contact your Boulder reverse mortgage lender today.
Gabe and his OneTrust team encourage your call to gain a better understanding of how a reverse mortgage may be able to help you.
Please call Gabe at (720) 597-3444 for a no obligation chat and assessment of your position.
*As of August 2023
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