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Mortgage Blog

Do you need a shot of Non QM to get you over a Housing Crisis Hangover?

Do you need a shot of Non QM to get you over a Housing Crisis Hangover?

Maybe this is just what the doctor ordered.  Remnants from the crisis, such as a Short Sale, Foreclosure, or even possibly a bankruptcy, could still be holding you back.  Quality Mortgages (QM) defined is that square box of perfection that you m

Feb 20, 2018 | Non QM Specialized Forward Mortgages foreclosure Short Sales bankruptcy QM

Expanded Loan Programs - No Doc Investor

Expanded Loan Programs - No Doc Investor

Due to recent changes to the HECM Reverse program, we have redirected some of our focus into the areas of private Jumbo Reverse Mortgages for the higher priced homes and Specialized Forward Mortgages primarily focused on self-employed borrowers and invest

Feb 05, 2018 | investor financing No Doc Investor Loans Specialized Forward Mortgages Jefferson Mortgage Group

Private label Reverse Mortgages hit the Sweet Spot!

Private label Reverse Mortgages hit the Sweet Spot!

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

Reverse Mortgages - Government vs. The People - PLFs

Reverse Mortgages - Government vs. The People - PLFs

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

Reverse Mortgages and Social Security

Reverse Mortgages and Social Security

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

Jumbo Reverse Mortgages Take Center Stage

Jumbo Reverse Mortgages Take Center Stage

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

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