Good article on Philly.com. I agree that a normalization of interest rates will definitely adversely affect procrastinating borrowers with reverse mortgages. They will look back and regret not taking advantage of the program when internal rate
May 10, 2016 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Seniors Retirement security
What designates the end game for a reverse mortgage and what happens at this point? There is a significant lack of understanding on how a reverse mortgage actually works and how it ends specifically regarding life and death. The easiest way to expla
May 06, 2016 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Seniors
Changes to the HECM reverse mortgage have made it very safe. However, it is much harder to get and not everyone will be eligible, but for those that do qualify, it can be a terrific way to augment your retirement plan. &nb
May 02, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Seniors Social Security Retirement security
I would like to comment on this Washington Post article to put aside the guess work and focus directly on what a reader or potential homeowner should realistically expect from a reverse mortgage given this situation. Here's the facts. The
Apr 25, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Assessments Seniors LESA Retirement security
I am constantly hearing about asset protection strategy regarding Medicaid or other entitlement programs. If you go too far on the strategy you could end up with only two beans in your pocket. Not everyone is comfortable with giving funds away and the fiv
Apr 15, 2016 | Reverse Mortgage Retirement Planning Annuity supplemental retirement income HECM Reverse Mortgage Seniors Retirement security
Good Huffington Post article that brings up a very important point which I have stressed in previous blogs. In answer to the title's question, no you shouldn't wait. When a retiree really doesn’t have a comprehensive plan, waiting to t
Apr 14, 2016 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Planning Retirement security Eligibility for Reverse Mortgage