I have been keeping a close eye on the housing market and the path of interest rates in conjunction with what the chairman of the Federal Reserve has had to say since early this year. Last week, it was reported that the volume of transactions through Jul
Aug 22, 2022 | Fed Interest Rates Housing Market Housing Prices Mortgage Rates Real Estate Market
If you are a self-employed business owner or a 1099 worker qualifying for an owner-occupied loan can be difficult. You pay your accountant and after all of your expenses you either show a business loss or insufficient income to qualify. It would seem th
Jul 14, 2022 | Jefferson Mortgage Group self-employed borrower bank statement loan cashflow
Do you have options for a Reverse Mortgage if you are only 55 years old? Yes! Our private Jumbo Reverse Mortgage is now open for eligible applications age 55 and above. As rates have risen very quickly since the middle of February, the government HECM
Jun 13, 2022 | Reverse Mortgage Jumbo Reverse Mortgage Reverse Mortgage Eligibility 55+
Are you a real estate investor with an existing rental property portfolio that may need a little opportunistic reorganization and or maybe a few additional acquisitions? This is an opportunity to have many properties of different types under one roof, ev
May 16, 2022 | investor financing No Doc Investor Loans Investor Loans Real Estate Investment Loans Blanket Loan
Headline inflation has hit us all mainly at the gas pump and the food store, but it’s everywhere and the adverse effects are more prevalent amongst people that live and depend on fixed income. HECM Reverse Mortgage endorsements had their best year in 202
Apr 11, 2022 | Reverse Mortgage Retirement Planning supplemental retirement income Retirement income insecurity HECM Reverse Mortgage lifetime income with a Reverse Eligibility for Reverse Mortgage Age in Place Jefferson Mortgage Group Inflation cashflow
What does this mean for you? A higher limit will accommodate higher home prices and allow for higher home equity access across the board for all eligible age groups going forward. Higher equity access means the HECM has become a more flexible tool for re
Jan 26, 2021 | Reverse Mortgage HECM Reverse Mortgage Seniors reverse credit line Eligibility for Reverse Mortgage Age in Place HECM Changes 2021 Changes