Why does the Reverse Mortgage Program NEED to Exist?
Why does the Reverse Mortgage Program NEED to Exist? It’s a pretty bold statement but I stand behind it. Aside from the negative media, the recently implemented changes and the success stories of the reverse mortgages, there is the question: why does the reverse mortgage exist? I don’t think it’s a question of [...]
850 WTFL’s Legends of Catskills Comedy
“A day without laughter is a day wasted.” – Charlie Chaplin Don’t waste your day and come laugh all night at 850 WTFL’s annual Legends of Catskills Comedy Event featuring comedians Freddie Roman and Dick Capri at the Coral Springs Center for the Arts. The event is sponsored by PS [...]
Financial Planners Learn About Reverse Mortgages… Part 2 of 2
Financial Planners Learn About Reverse Mortgages… Part 2 of 2 Security One Lending, a subsidiary of Reverse Mortgage Solutions, is making strides in educating financial planners about the reverse mortgage. The recent changes, in a sense, have lit a spark. Presently, many financial institutions are taking advantage of the change by [...]
Financial Planners Learn About Reverse Mortgages… Part 1 of 2
Financial Planners Learn About Reverse Mortgages… Part 1 of 2 I feel now, more than ever, financial planners will be a lifeline for the reverse mortgage industry moving forward. Security One Lending, and it’s parent company, Reverse Mortgage Solutions, seem to think so as well. According to an article, published in Reverse Mortgage [...]
Broker v. Banker: The Double Standard
The double standard doesn’t just apply to male and female anymore, it also applies to brokers and bankers, and they’re just as harsh. Most importantly, brokers have to jump through as many hoops as a basketball during a championship game, and it’s getting ridiculous. J. Scott Harris, vice president of [...]
Reasons Why You Shouldn’t Get a Reverse Mortgage…Part 2 of 2
I’ve heard them all. The point of these posts, however, is to tackle them head-on and demonstrate how they’re either false, or reveal an in-complete truth. I can only get up to 50% of my current appraised home value.It’s true a reverse mortgage won’t get you 100% of your home value but [...]
