The Jumbo Reverse has clearly become an avid competitor in the Reverse Mortgage market with offerings of high loan limits, younger age thresholds, and higher equity access levels as compared to government insured options. The Jumbo Reverse will allow borr
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
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
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
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
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