How are mom and dad doing during the pandemic? Hopefully they are home and staying safe. It’s not like everybody isn’t stressed enough by the current situation. It is clearly affecting everyone. As for older people, one of the other less talked about si
The current version of the government insured Reverse Mortgage is much more restrictive than in the past with regards to how much equity is available to homeowners. The latest changes that were enacted last October were directed at saving the government
Private label reverse mortgages are hitting the sweet spot for higher priced homes in DC and the surrounding suburbs in Northern VA. Many retirees have lived in their homes for a long time and have a very low cost basis. They are comforta
Since October 2013, it would appear that our government has been grappling with the people over principal limit factors (PLFs), otherwise referred to as home equity access levels for homeowners with Reverse Mortgages. The government actions are clearly ba
Recently, there has been a lot of hype over the suggested strategy to utilize a government insured Reverse Mortgage to provide for more benefits over a lifetime with Social Security. I do not claim to know the exact reasoning or motivation behind th
With the introduction of the government insured HECM changes that have appeared to rattle the market in October, the Jumbo Private Label Reverse Mortgages may have found their footing. Home values are acceptable significantly above the government ins