News & Updates

In some of our articles, you’ll find that we always advise you to talk to your financial advisor before making any decisions with your money. But, what if you don’t have a financial advisor,...

Retired seniors tend to run the risk of living an inactive lifestyle as they get older due to several factors such as chronic illnesses or inability to afford a gym membership.  If the latter...

A reverse mortgage offers you a certain amount of financial freedom which means you can do anything you like including home remodeling or improvement projects.  Below are some home repair, remodeling, and improvement ideas...

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 say eligible or ineligible spouse, but eligible and ineligible...

A federally-insured reverse mortgage comes with the assurance that the borrower will receive loan payments as agreed by the terms of your loan and will never owe more than your home’s worth. The FHA...

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 and the lender until the house is fixed.  When...

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 problems and costs that could stall even the best...

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 social security for the bulk of their income. The...

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...