If you are having trouble meeting your mortgage payment because of a job layoff or another distress situation, the OUTSIDE® method could provide the additional cash flow you need. Don’t let unemployment undermine the stability of your largest asset and family home. We can structure temporary use of your IRA to provide additional monthly income to apply to an existing mortgage payment and property taxes. Short-term application of your IRA can tide you over during this transition time. No penalties, or payback schedule apply to this process. Your age is a qualifying factor in determining the duration of your customized plan.
(To assist individuals who are experiencing financial distress resulting from job loss or a sub prime loan we are waiving our usual minimum IRA requirement of $100,000 and assessing the eligibility of each case individually.)
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