In years past, reverse mortgages tended to be a last resort option for seniors who were struggling financially with no relief in sight. However, this is no longer the case as a…
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Reverse Mortgages And Natural Disasters
Here’s how this specialized loan may help qualifying homeowners in California if a natural disaster strikes. California cities, including Sacramento, San Francisco, Riverside, and San Diego, are ranked in the top ten…
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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…
