Reverse Mortgages are not a LAST RESORT!
A reverse mortgage is a mortgage loan for people who are 62 and over (and in some cases 55 and over). They are able to use their home as part of their retirement plan, and they are able to pull money out without making a monthly payment. There’s a [...]
Why are Reverse Mortgages getting popular?
The reverse mortgage loan demand is sky-high right now. I’m getting a lot of people looking on the internet, a lot of people calling in, and past clients looking to pull out more money, but why? What is causing this drive in demand for a mortgage product that helps [...]
Reverse Mortgage Rates
All mortgages—traditional or reverse—are based on numbers. Applying for and receiving a mortgage when rates are favorable is one of the most crucial parts of getting any form of mortgage. Of course, when applying for a reverse mortgage, mortgage rates that are advantageous while acquiring a standard mortgage might [...]
What is a Home Equity Conversion Mortgage or HECM?
AVG PC Tuneup Crack DriveDx Crack Just try to pronounce HECM (heck-um), and you might have someone say "bless you" or get offended thinking you are saying a curse word. The HECM, or Home Equity Conversion Mortgage, is a mortgage loan for people who are 62 years of age [...]
Reverse Mortgages & Recessionist
Toontrack EZdrummer VST Crack Quickbooks Crack There is news everywhere of recession indicators like the inverted yield curve, historically low unemployment, historically high oil prices, rampant inflation, and more. At the same time there is an uptick in reverse mortgage loan activity in not only my business but in [...]
What is a Private or Proprietary Reverse Mortgage
Football Manager Mac Game Smart Game Booster Crack In the early part of my career, there was only FHA's Reverse Mortgage Loan (or HECM) and 1 Private Jumbo Loan offered by a lender that is no longer in the business. Now there are several private or proprietary reverse mortgages [...]
