Good Huffington Post article that brings up a very important point which I have stressed in previous blogs. In answer to the title's question, no you shouldn't wait. When a retiree really doesn’t have a comprehensive plan, waiting to t
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
Nice article on the benefits and practical applications of a government insured Reverse Mortgage that are simple and easy to understand. The problem today is that very few people want to plan. Most people prefer to seek out a Reverse Mortgage
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
When people retire, they often go from receiving a pay check every two weeks to a fixed income. Many may also have businesses that they have just sold. Now with this comes freedom but with this new found freedom there is an expectation that th
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