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Reverse Mortgage Factsheet: 18 Factoids You Need To Know
The National Reverse Mortgage Lenders Association conducted a survey several years ago, interviewing 600 older Americans with reverse mortgages in the U.S. The goal was to create a reverse mortgage...
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Don’t Borrow Blindly! Five Questions About Reverse Mortgages You Need To Ask...
If you are considering applying for one, there are five questions about reverse mortgages that you really should consider asking before you even apply. Each year, thousands of older Americans apply...
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Sunshine State Spotlight: Rise In Reverse Mortgages Sets Example For The Rest...
Plus: A local loan originator explains the top two federal changes that are making the biggest difference. With the economy recovering from the Great Recession and home values rising in Florida, Donna...
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There Are Actually 3 Types of Reverse Mortgages
If you are considering taking out a reverse mortgage home loan, there are three different types to consider. We’ll give you the details so you can better decide which one is right for you. Home Equity...
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Can Single Persons Reclaim Control of Finances With A Reverse Mortgage?
If you are single, over the age of 62 and are struggling with your retirement plan and you own your own home, you can actually take out what is called a reverse mortgage to get things back in order....
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Clearing Up Common Misinformation About Reverse Mortgages
There’s a lot of misinformation going around about reverse mortgages. We aim to set the record straight. Misinformation: The Lender Owns My Home Now Fact: False. You actually retain your title and...
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Top Misconceptions about Reverse Mortgages
There’s a lot of misinformation going around about reverse mortgages. We aim to set the record straight. Misinformation: The Lender Owns My Home Now Fact: False. You actually retain your title and...
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Reverse Mortgages More Attractive To Older Americans
Reverse mortgages are generally considered to be a safer option these days. Namely, this is because of the Reverse Mortgage Stabilization Act of 2013, which added more safeguards and put into place...
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Most Popular Cities For Reverse Mortgages Revealed
What are the most popular cities for reverse mortgages? We took a look at some of the statistics provided by Reverse Market Insight (RMI), and the 10 regions that it tracks to gain some insight....
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Reverse Mortgages For Retirement More Popular Option Than Ever Before
As the baby boomer generate settles into their golden years, many are turning to the convenient option of a reverse mortgages for retirement to help them secure their retirement years. In recent...
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Reverse Mortgages For Retirement Not A Bad Idea
How secure is your retirement nest egg? If you are like one-third of Americans, recent studies say you are ill prepared for retirement. Just because you may not be adequately prepared to retire...
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It’s Time For Retirees To Take Reverse Mortgages Seriously
Most retirees are uninformed when it comes to their options with reverse mortgages. Due to the lack of this information, many are simply unaware that they have such options to begin with. And many do...
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Here’s Why Retirees Should Rethink The Benefits Of Reverse Mortgages
If you have not considered the benefits of reverse mortgages, here’s some food for thought. New rules have changed the game altogether, protecting borrowers more than ever before. For example, the...
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5 Viable Uses For A Reverse Mortgage
There are so many different uses for a reverse mortgage that often go overlooked that it can be helpful to learn about all of your options with these HECM home loans. If you are not up-to-date on what...
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