The Jumbo Reverse has clearly become an avid competitor in the Reverse Mortgage market with offerings of high loan limits, younger age thresholds, and higher equity access levels as compared to government insured options. The Jumbo Reverse will allow borr
Every client I have spoken with recently has reiterated the same thing to me regarding their monthly living expenses. Costs are up across the board for food, medicine, gas and many other basic necessities and lifestyle things we have come to rely on
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
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
With the introduction of the government insured HECM changes that have appeared to rattle the market in October, the Jumbo Private Label Reverse Mortgages may have found their footing. Home values are acceptable significantly above the government ins
Private label Reverse Mortgages have been slowly creeping across the country over the past two years. There are some very key distinctions between the private label and the government insured HECM that are important to keep in mind. The governm