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
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
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.
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
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
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