You’ve found your dream home and the cost is $700,000. You’re 65 and you really don’t want a monthly mortgage payment. You sold your current home and have the proceeds available for your new home. This is the perfect pl
Apr 22, 2016 |
Wowy Zowy - Happy Friday! It has been a great week. I wanted to bring you program updates, things you should know for your clients. These are some of the niche programs we are seeing make entry in our markets. We do have these
Apr 22, 2016 |
At various stages of our lives, we are faced with important decisions for the future. This doesn’t stop just because we get older – in fact, we can have even more important choices to make. After having been in your home for a numb
Apr 21, 2016 |
We’ve discussed the history of reverse mortgages and we’ve talked about the newest changes to the FHA-backed reverse mortgage HECM program, but just how does a reverse mortgage work? In some ways, it’s like any other mortgage &ndas
Apr 20, 2016 |
Continuing our look at the history of the Reverse Mortgage, let’s take a look at the most recent, sweeping changes to the program and how it affects the homeowner.Changes to the HECM (Home Equity Conversion Mortgage – the FHA-backed reverse mo
Apr 19, 2016 |
In honor of Reverse Mortgage Education Week (April 18-22), it might be fun to look at how the Reverse Mortgage came into existence and how it has evolved over the years.The Reverse Mortgage loan is not a new concept. The very first Reverse Mortgage was wr
Apr 18, 2016 |
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