QUESTIONS?

CALL US: 703-319-2198


Don't make this gigantic Social Security mistake - CNBC Article

Published on Jun 09, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Seniors Social Security

Terrific article that takes into account Social Security and waiting to maximize your benefits as a cost effective form of longevity insurance. Given people are living much longer than expected, this is an innovative approach aimed at maximizing benefits that should grab the public’s attention. A HECM Reverse Mortgage can help those with mortgages and debts with decreased payments and more available funds for living expenses, and in some cases additional supplementary income, to help achieve this strategy. As noted in the article, it is the clearly the cheapest form of a true guarantee available.

For the full cnbc article - click here

 

George H. Omilan
President-CEO - NMLS# 873983
Jefferson Mortgage Group LLC
Helping seniors with Reverse Mortgages in Virginia, Maryland, DC and Pennsylvania.

Questions/Comments encouraged.

Recent Posts

Blog Tags

Reverse Mortgage HECM Reverse Mortgage Retirement Planning supplemental retirement income Seniors Retirement security Financial Planning Short Sales Age in Place Government insured mortgage lifetime income with a Reverse Traditional Mortgage Home Care HECM for Purchase Retirement income insecurity solutions for underwater properties home equity access Long Term Care Jumbo Reverse Mortgage Social Security reverse credit line Specialized Forward Mortgages Mortgage Loan Process Eligibility for Reverse Mortgage Annuity Financial Assessments forgiven mortgage debt mortgage Inflation foreclosure cashflow Debt Mitigation FHA 55+ mortgage debt forgiveness act Real Estate Investment Loans self-employed borrower VA LOAN Non QM HUD private label reverse mortgage Reverse to Purchase Mortgage Loan modification Investor Loans No Doc Investor Loans VA Low Score Real Estate Market Jefferson Mortgage Group bank statement loan Housing Market investor financing Medicare Mortgage Rates Sandwich Generation QM HECM Changes Interest Rates High-Value Homes LESA HECM to Purchase Senior Advocate mortgage debt Reverse Mortgage Eligibility Low Credit Score manual underwrite Construction Loan Fed Real Estate Economy 2023 changes growth factor downsizing HELOC Hard Money Loan Lending Limit increase DSCR 2025 changes Non-recourse loan modify your loan with your lender mortgage debt relief act Mortgage Deliquency Fiscal Cliff Business Cash-flow Asset Based Mortgage ATR Rule assisted living LLC Blanket Loan Seller Contribution Jumbo Reverse Second Trust Diversification Estate Plan Senior Care Jumbo Mortgage Loan Rentership Credit Score down to 500 Second Trust Gray Divorce bankruptcy MIP Unrestricted Approval success story Trump Principal Limit Factor Commercial Real Estate 2021 Changes Debt Treasury Asset Qualifer FINRA Housing Prices Property-based loan occupancy requirements Second Trust Prequalification Non-Qualifying Loan