Now is an optimal time to consider a Reverse Mortgage given that inflation, general housing demand, and previously very low rates have pushed the values of homes up in many areas substantially over the past couple of years. The higher values allow for hig
Dec 08, 2022 | Reverse Mortgage supplemental retirement income FHA Age in Place Inflation Reverse Mortgage Eligibility 55+ Interest Rates Housing Market Mortgage Rates Real Estate Market 2023 changes Lending Limit increase
Do you have options for a Reverse Mortgage if you are only 55 years old? Yes! Our private Jumbo Reverse Mortgage is now open for eligible applications age 55 and above. As rates have risen very quickly since the middle of February, the government HECM
Jun 13, 2022 | Reverse Mortgage Jumbo Reverse Mortgage Reverse Mortgage Eligibility 55+
Low interest rates have, in one perspective, liberated older homeowners by giving them many choices to stay in their family homes with Jumbo Reverse Mortgages. Some of the choices may include paying off existing mortgages and other debt, adding liquidity
Oct 16, 2019 | supplemental retirement income Age in Place downsizing Jumbo Reverse Mortgage 55+ High-Value Homes
A husband and wife in their late sixties are comfortably retired in a nice family home with the exception of mortgage payments. Everyone they have spoken with recommends selling their home and downsizing but they reject that notion. They like their home
Jan 16, 2019 | lifetime income with a Reverse Seniors private label reverse mortgage Retirement security Jumbo Reverse Mortgage 55+ High-Value Homes
In the last six months, I have gone from adamantly avoiding the private label Reverse Mortgage program offerings for my clients to being an admirer and an outright endorser. The new Jumbo Reverse program looks nothing like the old one. The primary reason
Aug 22, 2018 | HECM Reverse Mortgage Eligibility for Reverse Mortgage Age in Place Jumbo Reverse Mortgage MIP HECM Changes 55+ High-Value Homes
After the radical changes the government insured HECM Reverse Program experienced last October, the private reverse market has really stepped up to its calling. The private label Jumbo Reverse has become a very affordable and flexible loan program with a
Jun 12, 2018 | Reverse Mortgage HECM Reverse Mortgage lifetime income with a Reverse HECM for Purchase private label reverse mortgage Age in Place Jumbo Reverse Mortgage 55+