Qualifications for HECM Reverse Mortgages have gotten tougher since early 2015. FHA’s addition of financial assessments has shifted the main emphasis from age and property value to residual income, credit and debts. The issue is less abo
Feb 23, 2016 | Retirement Planning Reverse Mortgage Seniors supplemental retirement income Financial Planning Financial Assessments HECM Reverse Mortgage LESA Eligibility for Reverse Mortgage
Good article on Forbes.com today titled - Wise Reverse Mortgages Can Be the Saving Grace of Unprepared Retirees by Wade Pfau.A saving grace for those that use a Reverse Mortgage wisely may hold the key. There is no rush to spend your home equity.&nb
Feb 12, 2016 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Financial Planning Seniors Retirement security home equity access
A Home Equity Conversion Mortgage, or otherwise referred to as a HECM Reverse Mortgage, is considered a complex loan program. Fiduciaries and industry professionals across the board often get swept away with homeowners as they attempt to grasp a gen
Feb 08, 2016 | Reverse Mortgage HECM Reverse Mortgage Retirement security supplemental retirement income Social Security Seniors Retirement Planning Financial Planning
Good article below. A diversified base of income in retirement is important. The three legged stool analogy is a great illustration for balance. Why be dependent just on one or two sources of income and potentially worry? This is the insecurit
Feb 02, 2016 | Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Planning reverse credit line
The decision of when to take Social Security is an important one. This article offers advice based on your health and life expectancy. This is a constructive way to help make your decision on when you should start your benefits. It is import
Jan 21, 2016 | Social Security Reverse Mortgage Retirement Planning HECM Reverse Mortgage Retirement security
Nice article. A lot of ground is covered regarding Reverse Mortgages but some key points have not been touched on that I think are important. Although a Reverse Mortgage has a broad array of practical applications, it is always more beneficial
Jan 14, 2016 | Retirement Planning HECM Reverse Mortgage Financial Planning Reverse Mortgage Seniors supplemental retirement income Sandwich Generation Retirement security Government insured mortgage