How Are Reverse Mortgage Funds Used?
August 24, 2023
Senior homeowners are using the additional tax-free cash flow generated by a reverse mortgage in many creative ways to benefit themselves and their families. Homeowners are no longer required to make a principal and interest payment, allowing them to boos
HECM for Purchase
August 9, 2023
It might be time to downsize and move into a one-story home or to a neighborhood closer to your family. The problem is that although your home has increased in value over the years, selling your current home may not cover the purchase price of a new one.
Why Should Seniors Consider a Reverse Mortgage?
July 26, 2023
What if something unexpected happens, like a medical emergency or an accidental injury, that causes you to need extra cash? A reverse mortgage can provide the additional cash you need by accessing the value tied up in your home.
Baby Boomers, Reverse Mortgages and Retirement Cash Flow
July 11, 2023
Baby boomers are working as long as their parents did, about 40 years, but they’re staying in retirement longer. A reverse mortgage can help baby boomers generate the cash flow they need to bridge those years.
Are Reverse Mortgages Safe?
June 30, 2023
Since the first FHA-insured reverse mortgage was issued in 1989, many safeguards have been put in place to protect senior homeowners against unscrupulous practices.
How Do Reverse Mortgages Increase Cashflow?
June 13, 2023
A reverse mortgage is a safe way to help senior homeowners improve their cash flow while allowing them to better “age in place” in their own home.
Reverse Mortgage - Is It Right for You?
May 30, 2023
In a “regular” mortgage, you make monthly payments to the lender. In a “reverse” mortgage, you receive monthly payments from the lender, and generally don’t have to pay it back for as long as you live in your home. You are basically taking equity out of y
Financial Advisors and the Reverse Mortgage Line of Credit Strategy
May 17, 2023
As a financial advisor, you may be overlooking a significant planning tool… a reverse mortgage line of credit. The government regulated and insured FHA Home Equity Conversion Mortgage or HECM is designed to help seniors of every economic stratum.
