What’s the Largest Asset in Your Retirement Portfolio?
What’s the Largest Asset in Your Retirement Portfolio? According to an article published in Reverse Mortgage Daily, housing assets continue to be the largest dominant force in many senior retirement portfolios, revealed a report from the Mortgage Bankers Association’s Research Institute for Housing America. This isn’t particularly shocking news, even after 2010 [...]
The Reverse Mortgage Industry Teams Up with Financial Planners
The Reverse Mortgage Industry Teams Up with Financial Planners There’s been a push for financial planners to team up with lenders as soon as the reverse mortgage changes were implemented. Personally, I think financial planners will provide a big boost to the reverse mortgage program. The program has changed, in a way [...]
Senate Launches Senior Anti-Fraud Hotline for Seniors
Senate Launches Senior Anti-Fraud Hotline for Seniors In an effort to better protect seniors from falling victim to investment scams or internet thief, the Senate Aging Committee has launched an anti-fraud hotline where seniors or relatives can call and report if they suspect or feel they have fallen victim to a [...]
Reverse Mortgage Loans….”Why Should I Get One?”
Reverse Mortgage Loans….”Why Should I Get One?” One of the questions consumers ask me during our initial conversations is: “why should I get a reverse mortgage loan?” I understand that they come from a place of misinformation where the reverse mortgage is a loan of last resort, only to be used if [...]
Roberto Crespo, CRMP
Roberto Crespo was born and raised in Cuba where he became electrical engineer in 1985. He arrived in the United States in 1992 and started his entrepreneurial career. He's been a top producer in several marketing companies. In 2006, he became a Mortgage Loan Originator and has specialized in Reverse Mortgages serving 100's of satisfied [...]
Most Long-Term Healthcare Services are Received at Home…
Most Long-Term Healthcare Services are Received at Home… Aging in place is becoming a more prominent alternative to seniors who are retired or retiring in the future, especially considering their choices when it comes to receiving long-term healthcare services. According to an article published by Reverse Mortgage Daily, which cites an [...]