Eric Bloomstrand NMLS 274211

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Eric Bloomstrand NMLS 274211 Company NMLS #2289

Buying a home is a big move, and a little breathing room can go a long way. For a limited time, we're covering the cost ...
09/25/2026

Buying a home is a big move, and a little breathing room can go a long way. For a limited time, we're covering the cost of a 0.5% temporary rate buydown for new buyers, helping lower your mortgage payment during your first year at home! DM to learn more.

Good news for homebuyers in higher-priced markets! If rising home values have pushed you into jumbo loan territory, Fair...
09/14/2026

Good news for homebuyers in higher-priced markets! If rising home values have pushed you into jumbo loan territory, Fairway's increased conforming loan limits may provide access to more flexible financing options. Message to learn more.

09/11/2026

Is a reverse mortgage really a scam, or is it just widely misunderstood? Headline rumors lead many homeowners to miss out on valuable financial tools. The truth is that standard reverse mortgages are federally regulated and insured by the FHA. You are even required to meet with an independent HUD approved counselor before moving forward to ensure it fits your goals. What is the biggest reverse mortgage myth you have heard? Send me a direct message today to get straight answers about your options. 💡
https://myoc.io/EBloomstrand

09/09/2026

Will a reverse mortgage leave your children stuck with your debt? That is one of the most common worries I hear from homeowners planning for retirement. The good news is that your heirs are not personally responsible for repaying the balance. Reverse mortgages are non recourse loans, which means the debt is tied solely to the home itself. If the home value ends up lower than the loan balance, insurance covers the difference. Your family will have clear options to sell the property, keep it, or let the lender manage it. Message me today to learn more about how this option fits into your estate plan. 🏡

https://myoc.io/EBloomstrand

09/05/2026

Think manufactured homes do not qualify for a reverse mortgage? You might be surprised to learn that many actually do. 🏠

If your home was built after 1976, sits on a permanent foundation, and is your primary residence, you could be eligible. Owning the land or having a qualifying lease in a HUD approved park is also key.

Having sufficient equity opens up options you may not have realized were available. Every situation is unique, so let us review your specific property together.

Send me a direct message today to explore your options. 📩

https://myoc.io/EBloomstrand

09/02/2026

Did you know the money you receive from a reverse mortgage is generally not considered taxable income?
Because these funds are treated as loan proceeds, they typically do not count as income for the year. Additionally, the mortgage interest is usually deductible only when the loan is eventually paid off.

Navigating your retirement options can feel complex, but you do not have to do it alone. While you should always consult a tax professional for specific tax advice, I am here to guide you through your home financing options.

🏡 Send me a direct message today to discuss how to make your home equity work for you.

https://myoc.io/EBloomstrand

Reverse mortgages are one of the most misunderstood financial tools in homeownership.Some people assume they're only for...
08/31/2026

Reverse mortgages are one of the most misunderstood financial tools in homeownership.

Some people assume they're only for people in financial trouble. Others think the bank takes ownership of your home. Neither is necessarily true.

For the right homeowner, a reverse mortgage can be a way to turn a portion of your home equity into additional financial flexibility during retirement.

Depending on your situation, it may help you:
🏡 Stay in the home you love
💰 Supplement retirement income
🔨 Cover home improvements or unexpected expenses
📊 Reduce financial pressure by eliminating required monthly mortgage payments on the reverse mortgage, as long as you continue to meet the loan requirements

Like any mortgage product, it's not the right solution for everyone.

That's why I always encourage homeowners to understand both the benefits and the tradeoffs before making a decision.

If you or a family member have questions about reverse mortgages and want straightforward answers, I'd be happy to help you understand whether it's something worth considering.

Borrowers remain responsible for property taxes, homeowners insurance, home maintenance, and meeting all loan obligations.
Eligibility requirements apply.

https://myoc.io/EBloomstrand

Address

Webb Lake, WI

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+16129612600

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