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 program? Although reverse mortgages aren’t right for everyone, the...
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 with the lawyers about which spouse will keep which...
Many people who want to retire ask a lot of questions, and one of them is, “how long will my money last in retirement.” The question is understandable since most retirees will not be...
Most Americans usually run out of money in their retirement years before they pass away. For these people, their only income is the social security check they receive monthly. For the ones who have...
The reverse mortgage offers incredible flexibility whether you’re looking to purchase a new home, get rid of an existing mortgage, or you’re just looking for an extra cushion for your retirement funds. Irrespective of...
Getting a reverse mortgage is a big decision. Therefore, it is important to have all the information about the loan. Here are the questions you should ask when you’re considering a reverse mortgage. Why...
Reverse mortgages are a type of mortgage that can be used to solve immediate needs or plan for the future. The purpose of a reverse mortgage always depends on your individual situation. While there...
Myth 1 When You Get a Reverse Mortgage, You Lose the Title to Your Home You don’t give away ownership of your home when you get a reverse mortgage. Just like any other mortgage,...
Have you been thinking about finding a smaller house that suits your need, moving closer to family or retiring in a warmer climate? If you are planning for retirement, there’s a chance you’re thinking...
News & Updates
October 26, 2017