The constructive nature of the use of a reverse mortgage is the key take away from this article. The government has changed the program to protect retirees not only from getting in trouble with the program but also from themselves. Big brother
A Reverse Mortgage provides a unique advantage to retirees with home equity seeking supplementary income. In addition to additional income it also provides the opportunity to pay off existing mortgages and home equity lines to free up additional mon
Qualifications for HECM Reverse Mortgages have gotten tougher since early 2015. FHA’s addition of financial assessments has shifted the main emphasis from age and property value to residual income, credit and debts. The issue is less abo
Good article on Forbes.com today titled - Wise Reverse Mortgages Can Be the Saving Grace of Unprepared Retirees by Wade Pfau.A saving grace for those that use a Reverse Mortgage wisely may hold the key. There is no rush to spend your home equity.&nb
Good article below. A diversified base of income in retirement is important. The three legged stool analogy is a great illustration for balance. Why be dependent just on one or two sources of income and potentially worry? This is the insecurit
The decision of when to take Social Security is an important one. This article offers advice based on your health and life expectancy. This is a constructive way to help make your decision on when you should start your benefits. It is import