Do I need Reverse Mortgage Insurance? A federally-insured reverse mortgage comes with the assurance that the borrower will receive loan payments as agreed by the…
What to look out for with a financial advisor? Licensed This is the first thing to find out — if the financial advisor is licensed…
Living on a retirement budget seniors tend to run the risk of living an inactive lifestyle as they get older due to several factors such…
A reverse mortgage offers you a certain amount of financial freedom which means you can do anything you like including home improvements or remodeling projects. …
Many people have asked the difference between an eligible and ineligible spouse as regards to the reverse mortgage. Let’s set the record straight. We don’t…
Just like a traditional loan, insurance also covers a reverse mortgage loan. For reverse mortgage loans, all hazard claims are paid jointly by the owner…
The dream of most retiring seniors is to stay at home and age in place. Beautiful as the dream might be, there are specific health…
Today, in America, many seniors are living off a fixed income that barely covers their essential needs. Almost 20 percent of married retirees rely on…
Taking out a Home Equity Conversion Mortgage (HECM) is a big decision to make. And, many people have asked how safe is this government-insured loan…
I bet you never heard this one. Well, a reverse mortgage is a versatile financial tool that you can use for almost anything. While discussing…