Mortgage Blog

Do you want to be a Happier Sandwich? How Pertinent Planning can help the Sandwich Generation.

The Sandwich Generation is defined as parents who have to take care of their kids and their aging parent(s) at the same time.  According to the Pew Research Center, just over 1 of every 8 Americans aged 40 to 60 is both raising a child and caring for a parent, in addition to between 7 to 10 million adults caring for their aging parents from a long distance. The key element that will enable the Sandwich Generation to manage the responsibilities really comes down to involvement and planning.  As a parent, my two kids are lovely but relentlessly demanding at every stage it seems.&nbs...

September 12th, 2015 | Home Care, Retirement Planning, HECM Reverse Mortgage, Reverse Mortgage, Sandwich Generation, Financial Planning, Do you want to be a Happier Sandwich? How Pertinent Planning can help the Sandwich Generation.

New Ways to Pay for Long-Term Healthcare

Good Article on MarketWatch, titled "New Ways to Pay for Long-Term Healthcare".  I can't get comfortable with long term care insurance. I have met many long-term care specialists that sell this product and they all will tell you that you have to have it. My understanding is that you sign up today and if the group of participants for the product you signed up for submits claims over what is expected by the insurer then the premiums go up. You have the alternative to keep the premiums low by increasing deductibles etc. To me this guts the insurance. This is an illustratio...

July 16th, 2015 | Long Term Care, Reverse Mortgage, Home Care, HECM Reverse Mortgage, Retirement Planning, Seniors, New Ways to Pay for Long-Term Healthcare

Helping Retirees and Seniors with a Critical Financial Planning Element

Monthly cash flow seems to be the order of the day.  As we age, many of us find ourselves in a constant battle trying to manage funds in from income and funds out for living expenses and care. Reverse Mortgages go a long way toward addressing this issue and helping to establish financial balance but you still need a comprehensive plan.  Many people are too quick to focus on money in and neglect to fine tune their focus on money out.  This is a critical area that needs focus especially in the current low interest rate environment where seniors make next to nothing on their saving...

July 8th, 2015 | HECM Reverse Mortgage, supplemental retirement income, Retirement Planning, Home Care, Reverse Mortgage, Helping Retirees and Seniors with a Critical Financial Planning Element

How a Reverse Mortgage Can Help with In-Home Care

A Reverse Mortgage can provide easy access to home equity that has been built up over time.  In turn, these funds can be used for in home care and enable the homeowner to stay in their home.  There are some qualifications for eligibility but the loan is a non-recourse loan insured by the government through the FHA program and specially designed for seniors. Home equity access is available through lump sums, term payments and tenured annuity like payments to supplement income, credit lines, or a combination of these options.  The most popular is a lump sum up front to pay off ...

June 26th, 2015 | Home Care, HECM Reverse Mortgage, Reverse Mortgage, Long Term Care, How a Reverse Mortgage Can Help with In-Home Care

Avoid the Pitfalls of a POA when Applying for a HECM Reverse Mortgage

Reverse Mortgages have many practical applications but one of the common applications where people get stuck is with funds for care involving an incompetent loved one.  Keeping a loved one in their home and providing for care can be very expensive. A Reverse Mortgage is a nice tool that will allow you to access home equity to pay for in home care, but it is not an easy task with a loved one that has been deemed mentally incompetent. Anyone that falls into this category must have a representative with a valid power of attorney (POA) in order to obtain a HECM Reverse Mortgage.  The ...

March 6th, 2015 | Reverse Mortgage, HECM Reverse Mortgage, Home Care, Long Term Care, Avoid the Pitfalls of a POA when Applying for a HECM Reverse Mortgage

The Aging Revolution

With 10,000 people retiring every day since 2004 that would hardly seem like a revolution. However, when you see Private Equity creating companies and catapulting into the Senior Assisted Living arena it’s a different dynamic.  Private Equity often has first mover advantage when there is a large new undiscovered business opportunity. It’s a perfect example of the free market at its best. As an example, several recently formed Private Equity companies have cascaded into the residential real estate market and have aggregated thousands of residential properties into ...

June 4th, 2013 | Reverse Mortgage, Annuity, Retirement Planning, Home Care, The Aging Revolution

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Jefferson Mortgage Group LLC

2536 Leeds Rd.
Oakton, Virginia 22124
FAX: 703-773-6946
NMLS: 935554

Located in Fairfax County, Virginia. Serving all of Virginia, Maryland, DC & Pennsylvania. 


Jefferson Mortgage Group LLC is licensed in Virginia, Maryland, DC & Pennslvania.
Virginia State Corporation Commission License Number MC-5659 and the Pennsylvania Department of Banking & Securities #46259 
The DC Department of Insurance, Securities, and Banking License #MLB935554
Maryland DLLR License #21586

An Equal Housing Lender

By refinancing the consumer's existing loan, the consumer's total finance charges may be higher over the life of the loan.

This material is not from HUD or FHA and has not been approved by HUD or any government agency.