Achieve diversification, increased liquidity, and financial peace of mind by using a HECM for Purchase to buy a new primary residence. Instead of solely focusing on downsizing as we age why don’t we expand on this thought and make it a financial st
Due to litigation pressure and loud voices of non-borrowing spouses that have abruptly found themselves without a home upon the passing of the borrowing spouse, the government has attempted to unravel the complexity of this issue, thereby removing risk fo
Just last week, HUD announced positive changes to the principle limit factors that govern home equity access levels for eligible homeowners. While younger homeowners in their sixties may not see much benefit in the form of increased eligibility, the
How many of you would have loved to have had an affordable means of effectively purchasing a Put Option on your primary residence insured by FHA, prior or even during the housing crisis? This is what a reverse mortgage provides for eligible homeowner
Statistics show a large number of home buyers paying cash for homes. Is this the best strategy for retirees and older active adults? Many people, regardless of their age, have been having difficulty obtaining a mortgage. Once a mortgage
In the world of financial products, especially for seniors and retirees, a financial endorsement or cautionary note from an organizational body such as FINRA (Financial Industry Regulatory Authority) can make or break perception. Until recently FINR