October 3, 2016

Reverse mortgage can be cure for a cash flow crunch

Baby boomers are rapidly taking on increased mortgage debt. Last week the Federal Reserve Bank of New York released a study showing average home-secured debt per 65-year-old increased 47 percent […]
October 3, 2016

Are You Eligible for a Reverse Mortgage?

The requirements to become an eligible HECM (Home Equity Conversion Mortgage) borrower include age (at least 62), equity in your home (any existing mortgage can be paid off with loan […]
October 3, 2016

How Can You Save Money On Your Mortgage?

Many Americans dream of home ownership, although this dream usually comes with substantial monthly mortgage payments as well. For many folks, their mortgage is their biggest expense. Unless you have […]
October 3, 2016

These Reverse Mortgage Markets Had a Strong Start to 2016

Home Equity Conversion Mortgage (HECM) endorsements may have started 2016 at a low point relative to recent years, but with a couple of months worth of volume already in the […]
October 3, 2016

Reverse Mortgages and the Holy Grail of Retirement Planning

Retirees face many challenges in retirement, but perhaps none is greater than the risk of outliving their savings. As research in recent years has shown, reverse mortgages can be the […]