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
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 | Reverse Mortgage Retirement Planning supplemental retirement income 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 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Seniors 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 | Reverse Mortgage Retirement Planning Government insured mortgage Home Care Financial Planning
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 | Reverse Mortgage Retirement Planning HECM Reverse Mortgage Long Term Care Financial Planning
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 Loan modification Mortgage Loan Process Financial Planning