There is no doubt that a Reverse Mortgage is not a one-size-fits-all solution. Since every borrower’s needs are different, the Federal Reverse Mortgage serves a different purpose for each borrower. For example, some borrowers...
Reverse Mortgage expert, Jamie Hopkins, recently published his new book on the subject of retirement strategies entitled Retirement: Rewiring the Way You Think about Retirement. Hopkins is a well-acclaimed and knowledgeable financial planner and...
A recent analysis from the Social Security Administration shows that American seniors rely heavily on federal benefits in retirement, often in the absence of any other income source. About a quarter of U.S....
We have reached that exciting time of year when the Spring season brings bright flowers, the Easter Bunny, treats, chocolate, and family gatherings. Reverse Mortgage Answers has a special appreciation for our senior clients....
One of the most frequently asked questions regarding the Reverse Mortgage is “Who pays it back?” To address the issue of who is responsible for paying back a Reverse Mortgage, we must first address...
If you are wondering if it is smart to replace your existing mortgage with a Reverse Mortgage, the answer is yes! According to Stephanie Moulton, Associate Professor of Public Policy at Ohio State University,...
The Spring Season is right around the corner, but the weather conditions may not always feel like it! There is no telling when cold conditions will completely subside and warm weather will become consistent....
Since the most recent changes to the Federal Reverse Mortgage program went into effect in October 2017, Reverse Mortgage counselors have witnessed another change: the reason borrowers seek counseling for the program: retirement security....
If you can smell all the love in the air this Valentine’s Day, then so can we. Reverse Mortgage Answers is back at it again with another delicious recipe that you can make for...
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October 26, 2017