Reverse Mortgages have broad application for retirees and seniors depending on the current health of the applicant. For those that are generally healthy and desire to stay in their home, the likely strategy for adding a reverse mortgage would be increasin
Mar 19, 2025 | Reverse Mortgage supplemental retirement income Age in Place cashflow
Have you ever considered a HELOC? This new program is now available for loan amounts up to $750,000, which is much higher than the traditional banking loan limit cap of $250,000-$400,000. Our HELOCs can be established as first trust mortgages
Feb 18, 2025 | DSCR HELOC 2025 changes
The Federal Housing Administration (FHA) announced this week that the Home Equity Conversion Mortgage (HECM) limit for 2025 will be $1,209,750. In the industry, this is referred to as the “Max Claim Amount”. This is the ma
Jan 22, 2025 | Reverse Mortgage 2025 changes
When people retire, they often go from receiving a paycheck every two weeks to a fixed income. Many may also have businesses that they have just sold. With this comes freedom, but with this newfound freedom there is an expectation that the lif
Nov 15, 2024 | Reverse Mortgage Retirement Planning Retirement income insecurity
Here are the top five things you need to know about Reverse Mortgages. A Reverse Mortgage is simply a mortgage. Neither the lender nor the government assumes or receives any ownership swap for the benefits you receive from the reverse mortgag
Sep 11, 2024 | Reverse Mortgage supplemental retirement income Age in Place
The most important aspect of accessing your home equity may be to limit unnecessary costs and keep your low rate first trust firmly in place. From there, you will have two distinct options. The first, and most advertised, may be the Home Equity Line of Cr
Aug 15, 2024 | home equity access Second Trust HELOC