Nice article as a general overview. I would like to offer some more specific commentary on Reverse Mortgages as they relate to helping pay for in-home care. A Reverse Mortgage is suitable for homeowners 62 and above that have equity in their homes. Revers
Jan 12, 2016 | reverse credit line Long Term Care HECM Reverse Mortgage Retirement security Reverse Mortgage Home Care assisted living
The overriding goal of a Reverse Mortgage is to allow retirees and seniors to help themselves in retirement. You can think of this as a means of financial mobility with a loan program that has been specially designed for this demographic in an other
Jan 10, 2016 | Retirement Planning HECM Reverse Mortgage Seniors Reverse Mortgage Financial Planning Financial Assessments LESA Retirement security
Myth: "Property Ownership Exchange"Fact: When a homeowner obtains a government insured HECM Reverse Mortgage on their home this in turn establishes a mechanism for home equity access that is much easier to qualify for than a traditional fo
Dec 09, 2015 | HECM Reverse Mortgage Retirement Planning Reverse Mortgage Government insured mortgage home equity access Seniors supplemental retirement income
I agree that most people should consider establishing a HECM Reverse Mortgage credit line as early in life as possible. However, although I would support the idea of using a reverse credit line to protect retirement income, I am not convinced that it has
Nov 19, 2015 | supplemental retirement income Reverse Mortgage Retirement Planning HECM Reverse Mortgage Government insured mortgage Financial Planning reverse credit line
Private label Reverse Mortgages have been slowly creeping across the country over the past two years. There are some very key distinctions between the private label and the government insured HECM that are important to keep in mind. The governm
Nov 18, 2015 | Seniors Retirement Planning HECM Reverse Mortgage Reverse Mortgage private label reverse mortgage growth factor
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