There are Two Sides to Every Story: The Truth Behind Reverse Mortgage Loan Pitfalls
There are Two Sides to Every Story: The Truth Behind Reverse Mortgage Loan Pitfalls A recent article in The New York Times, Pitfalls of Reverse Mortgage May Pass to Borrower’s Heirs, detailed the story of heirs whose parents took out a reverse mortgage on their home and have since passed away, [...]
The “Misunderstood Mortgage”: Changing the Reputation of HECM Loans
The “Misunderstood Mortgage”: Changing the Reputation of HECM Loans One of the biggest misconceptions about the reverse mortgage loan is that the program should just be used as a last resort. From financial planners to borrowers, many looked into the reverse mortgage loans for themselves or their clients if they were in [...]
Reverse Mortgage Loans Are Kinder and Gentler After Changes
Reverse Mortgage Loans Are Kinder and Gentler After Changes In the past few months, since the changes to the reverse mortgage brought the product back to basics, many financial planners are finally seeing the advantages, not only to the changes, but also to the program itself. The reverse mortgage was never [...]
PS Financial Services is the #4 Reverse Mortgage Broker in Florida
PS Financial Services is the #4 Reverse Mortgage Broker in Florida If it’s true that hard work does pay off then PS Financial Services is reaping the rewards of months of hard work. When I first founded PS Financial Services in August 2012, I did it because I wanted to help [...]
Rising Senior Home Values Make Reverse Mortgage Loans More Advantageous
Rising Senior Home Values Make Reverse Mortgage Loans More Advantageous Things are looking up for senior homeowners who have been struggling to rebuild their retirement plans after the Recession. According to the latest Reverse Mortgage Market Index released by NRMLA and RickSpan, published along with an article in Reverse Mortgage Daily, senior home [...]
Consider a Reverse Mortgage Loan in Your Retirement Plans
Consider a Reverse Mortgage Loan in Your Retirement Plans An article published in the Journal of Financial Planning, “Retirement Trends, Current Monetary Policy, and the Reverse Mortgage Loan Market”, has made strides in cleansing the reverse mortgage of it’s once (incorrect) reputation as “a loan of last resort.” The article [...]
