Mortgage Blog

Should you claim Social Security early? - CNBC Article

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 important to note that the article also mentions that most people rely 90% on their Social Security benefits to sustain themselves.  I believe this is accurate but we have seen many cases with our clients where it’s actually 100%.  Whether its 90% or 100%, that leaves a very thin margin of safety for living and enjoyment.  Thi...

January 21st, 2016 | Social Security, Reverse Mortgage, Retirement Planning, HECM Reverse Mortgage, Retirement security, Should you claim Social Security early? - CNBC Article

Planning Options for Leveraging the Most Out of Social Security with a Reverse Mortgage

For most retirees, how to get the most out of Social Security is not common knowledge.  Often they retire and the next step, based on need or assumption, is to sign up for Social Security benefits.  The benefit system is complex with many variables.  Avoiding common mistakes is often a simple recipe for winning the end game.A lot of people attempt to follow advice based on break-even calculations.  If you start early versus later and you live to a certain age you are better off.  Personally, I think this is nonsense.  We don’t know how long we are going to l...

August 11th, 2015 | Retirement Planning, HECM Reverse Mortgage, Reverse Mortgage, Social Security, Planning Options for Leveraging the Most Out of Social Security with a Reverse Mortgage

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Jefferson Mortgage Group LLC

2536 Leeds Rd.
Oakton, Virginia 22124
703-319-2198
FAX: 703-773-6946
info@jeffersonmortgage.com
NMLS: 935554

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

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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.