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Mortgage Blog

Can a reverse mortgage replace a pension?

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

Should you claim Social Security early? - CNBC Article

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 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Social Security Retirement security

10 things you should know about reverse mortgages

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 | Reverse Mortgage Retirement Planning supplemental retirement income HECM Reverse Mortgage Government insured mortgage Seniors Sandwich Generation Financial Planning Retirement security

How to Pay for Assisted Living and In-Home Care

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 Mortgage HECM Reverse Mortgage Home Care Long Term Care reverse credit line Retirement security assisted living

The State of the LESA - HECM Reverse Mortgages

The State of the LESA - HECM Reverse Mortgages

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 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Financial Assessments Seniors Financial Planning LESA Retirement security

Reverse Mortgage Myths Busted!

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 | Reverse Mortgage Retirement Planning supplemental retirement income home equity access HECM Reverse Mortgage Government insured mortgage Seniors

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