How does accessing your home equity with a second mortgage and no required monthly mortgage payment sound to you? Do you love your home and want to stay in it forever? How about a low-cost version of a Reverse Mortgage?! We just may have a solution for yo
In most cases, you win with a Reverse Mortgage by paying off your existing mortgage and eliminating the required monthly mortgage payment. Yes, there can be many other benefits with a reverse mortgage, but creating additional cash flow every month by gett
Myth: “After obtaining a Reverse Mortgage, the Lender or the Government owns your home.”Reality: False. You own your home. The lender simply has a deed of trust secured on your home. All your home equity and future appreciati
Reverse Mortgages, whether discussing the HECM Government Insured or the Private Label Jumbo for higher priced homes, have not gotten any easier although the new tax bill that just took effect holds some promise. Since the 2017 major industry program chan
Reverse Mortgages have gotten tougher to qualify for over the past several years. They used to primarily be an entitlement based on the youngest borrower’s age and the value of the home. Due to additional strict guidelines, they are no longer an ent
Buying investment properties can be costly and risky. What makes the most practical sense when you consider costs and risk associated with a project? Buying a property with an existing structure and rehabbing it often makes the most sense. Ground up const