Aug 18, 2020 | Reverse Mortgage
What You Should Know About Reverse Mortgages: Reverse mortgages are often advertised to seniors as a popular way to access the equity of their homes. These mortgages are attractive to consumers who seek a quick source of cash during the current economic slump....
Aug 14, 2018 | Reverse Mortgage
Reverse Mortgages: Should You Use Your Home Equity To Get More Retirement Income? Many Boomers today are facing an unpleasant future. Their golden years were supposed to be fun, relaxing, and carefree, but now reality has set in, and they find themselves financially...
Jun 22, 2017 | Reverse Mortgage
If you’re in your 60s and own your home, chances are you’ve heard about reverse mortgages—or will soon. A reverse mortgage is a type of loan that allows homeowners ages 62 and older, typically who’ve paid off their mortgage, to borrow part of their home’s...
Jun 22, 2017 | Reverse Mortgage
Reverse Mortgage Must-Know Info A reverse mortgage was originally designed so that seniors who own their homes or have considerable equity in their homes can free up cash for living expenses without selling their homes. To qualify for a reverse mortgage, you must:...
Jun 22, 2017 | Reverse Mortgage
Here is a Reverse Mortgage Case Scenario. Let’s figure it out. Reverse Mortgage Question: Dear Retirement Adviser, Our home has had a reverse mortgage since 2008 when my husband turned 62 years old. We are retired and I’m now 62. I feel like I need to be added...