Great article. I agree that a Reverse Mortgage is best used when it can augment an existing retirement plan. However, in many cases where that may not be an option, there is still room for ample benefit. I would also like to add some cla
Nov 17, 2015 | Financial Planning Retirement Planning Reverse Mortgage Home Care Government insured mortgage
Check out the October issue of the Beacon and hear what some of our clients have to say. http://issuu.com/thebeaconnewspapers/docs/oct15dcbeacon/43?e=1984404/30449816 Would love to hear from you if you or a loved one are in a similar situation.
Oct 20, 2015 | Retirement Planning HECM Reverse Mortgage Financial Planning Reverse Mortgage Long Term Care
Based on Dodd Frank regulations, access to mortgages for people of all ages is constrained by the ATR Rule. This rule requires that a borrower must demonstrate the ability to repay the mortgage. We no longer have the easy to qualify mortgage t
Oct 14, 2015 | Reverse Mortgage HECM Reverse Mortgage Financial Planning Loan modification Mortgage Loan Process
Nice article in Forbes providing specific applications for Reverse Mortgages. HECM Reverse Mortgages are clearly an area that the public and the advisor community will need to pay more attention to if we are to collectively achieve retirement goals
Oct 08, 2015 | supplemental retirement income Retirement Planning HECM Reverse Mortgage Reverse Mortgage Financial Planning Retirement income insecurity
The Sandwich Generation is defined as parents who have to take care of their kids and their aging parent(s) at the same time. According to the Pew Research Center, just over 1 of every 8 Americans aged 40 to 60 is both raising a child and caring for
Sep 12, 2015 | Home Care Retirement Planning HECM Reverse Mortgage Reverse Mortgage Sandwich Generation Financial Planning
For most retirees, how to get the most out of Social Security is not common knowledge. Often they retire and the next step, based on need or assumption, is to sign up for Social Security benefits. The benefit system is complex with many variab
Aug 11, 2015 | Retirement Planning HECM Reverse Mortgage Reverse Mortgage Social Security