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
Jan 23, 2018 | Jumbo Reverse Mortgage Reverse Mortgage HECM Reverse Mortgage Age in Place Eligibility for Reverse Mortgage
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
Jan 03, 2018 | HECM Reverse Mortgage Principal Limit Factor Non-recourse loan FHA Reverse Mortgage
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
Dec 12, 2017 | Social Security Reverse Mortgage Retirement Planning HECM Reverse Mortgage supplemental retirement income
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
Nov 14, 2017 | Reverse Mortgage Jumbo Reverse Mortgage private label reverse mortgage HECM Reverse Mortgage
This is a nice short video (click here to see video) that I stumbled across that I found to be very informative for those 65 and above with Medicare. Check your Medicare formulary against your current needs. You may have the opportunity to sho
Oct 25, 2017 | Medicare Reverse Mortgage Seniors
There are two separate and distinct occupancy requirements for a HECM Reverse Mortgage that often get confused depending on whether you are applying for a new loan or you already have an existing reverse mortgage.The first is general occupancy requirement
Oct 17, 2017 | Reverse Mortgage Retirement Planning Seniors HECM Reverse Mortgage supplemental retirement income occupancy requirements