How many of you would have loved to have had an affordable means of effectively purchasing a Put Option on your primary residence insured by the US Government prior, or even during, the housing crisis? This is what a Reverse Mortgage provides for eligible
What does this mean for you? A higher limit will accommodate higher home prices and allow for higher home equity access across the board for all eligible age groups going forward. Higher equity access means the HECM has become a more flexible tool for re
Getting a Reverse Mortgage for a homeowner with an unrestricted approval versus a restricted approval due to credit problems, even some that are very minor, can often be challenging. The program has become much stricter regarding credit incidents since th
How are mom and dad doing during the pandemic? Hopefully they are home and staying safe. It’s not like everybody isn’t stressed enough by the current situation. It is clearly affecting everyone. As for older people, one of the other less talked about si
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
This is a nice short video (click here to see video) that I stumbled across that I found to be very informative for those 65 and above with Medicare. Check your Medicare formulary against your current needs. You may have the opportunity to sho