Archive for the Blog Category

Life Without Mortgage Payments

Life Without Mortgage Payments

One of the key advantages that a Reverse Mortgage offers is the opportunity to increase your current income. The cash you receive from the Reverse Mortgage can be used for any reason. Best of all, if you currently are making monthly mortgage payments, imagine what you could do

Read more

Jamie Hopkins, Professor of Taxation

“Using a Reverse Mortgage is no longer just for the cash poor and house rich. Instead, Reverse Mortgages can be used strategically as part of a retirement income plan designed to build a buffer against sequence of return risk early in retirement, help defer Social Security benefits

Read more

Mortgage Debt – The Retirement Time Bomb

Mortgage Debt – The Retirement Time Bomb

In today’s modern world of social media, with all the posts and tweets of everything you could possibly imagine, ask yourself, when was the last time you’ve seen a picture of a mortgage burning? For those of us that are old enough to remember mortgage-burning parties, it

Read more

It’s Only a Loan

I have been specializing in the reverse mortgage field since 2001. Over this time I continue to here the same questions all directed towards the perception that a reverse mortgage is the last resort. Many think that once you take out a reverse mortgage you can’t change

Read more

Baby Boomers are retiring in droves

Boomers are retiring in droves, in fact about 10,000 a day! Watch out World, this generation wants more than bingo and shuffleboard, and will shun anything associated with growing older. John Lennon’s song “Revolution” fits perfectly with how baby boomers are treating their golden years by saying

Read more

What Financial Experts Are Saying About Reverse Mortgages

What Financial Experts Are Saying About Reverse Mortgages

The Department of Housing and Urban Development (HUD) has implemented its final phase of the Reverse Mortgage Stabilization Act. These changes were made to make the program safer and more secure and the experts agree.  What Financial Experts Are Saying:                                “New Reverse Mortgage Rules open doors to

Read more

Living Longer with Smart Financial Tools

Living Longer with Smart Financial Tools

The reality is we are living longer, much longer, which is great news. However, it requires the appropriate planning from a financial standpoint. There are many financial tools retirees use to supplement their income, and now a new tool has been added to your financial tool box. It’s the

Read more

A New Retirement Strategy

A New Retirement Strategy

When it comes to using a reverse mortgage in retirement planning, there are several strategies that make the standby line of credit feature a must have in the eyes of financial advisors and their clients. A few examples: A Reverse Mortgage Line of Credit is a hedge

Read more

RIP Tom Marr

RIP Tom Marr

With a heavy heart we regret to announce the passing of radio icon, community leader, and our dear friend, Tom Marr.

Read more

Some Habits are Hard to Break And Some Not So…

Some Habits are Hard to Break And Some Not So…

Today kicks off the last week of June and its time to write another check to your mortgage company. For many of us, this is something we have done for most of our adult lives. Whether you are still paying off your first mortgage, or just managing

Read more

Location

Headquarters
614 Old Edmondson Ave., Suite 200
Catonsville, MD 21228-3360
Toll Free:
1-800-420-5515

Maryland Office:
410-788-7070

Eastern Shore Office:
410-600-0600

District of Columbia:
202-719-0625

Virginia:
703-879-2316

Licenses

NMLS # 179014
www.nmlsconsumeraccess.org

Maryland - Lender # 06-20057

District of Columbia - Mortgage Broker # MLB179014

Virginia - Licensed by the VA State Corp. Commission, Mortgage Broker # MC5642

Social Media