If you’re 62 years of age or older and own a home, you may know how a reverse mortgage loan works, but are unsure if one is right for you and your…
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How A Reverse Mortgage Can Be A Game-changer
Important information for everyone, from seniors and adult children to professional advisors and realtors. Reverse mortgages can provide solutions for a wide range of financial challenges faced by seniors, like late-life divorces,…
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Is A Reverse Mortgage A “Good Fit” for You?
Helping you understand Reverse Mortgages. As we age it seems that we become more aware of a proper “fit.” Our hat, our shoes, our bank, our barber/hairstylist and grocery store all have that…
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How Do You Repay a Reverse Mortgage?
One of the most attractive benefits of reverse mortgage loans is that borrowers are not required to pay them back until they have reached maturity. This happens whenever the borrower has passed…
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What is a Reverse Mortgage?
What is a Reverse Mortgage? A reverse mortgage is a type of loan that is funded using the equity that has built up in a home. A reverse mortgage is designed to…
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Reverse Mortgage Changes 2017
Reverse Mortgage Changes 2017 that Homeowners 62 Plus Should be Aware Of The Department of Housing and Urban Development announced significant changes to the HECM reverse mortgage loan program effective October 2,…
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Stay In Your Home With A Reverse Mortgage
Using a Reverse Mortgage to “Age in Place” Did you know that 70% of retirees at some time later in their life will need long term care? I am currently seeing a…
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Is a Reverse Mortgage Right for Me?
“Is a reverse mortgage right for me?” This is a question many people people 62-plus (the minimum age to qualify for a reverse mortgage) have asked themselves. A reverse mortgage can be…