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Mortgage

In Today’s Economy, Should I Apply for a Reverse Mortgage?

By Brian Kline | November 7, 2022
A reverse mortgage can provide homeowners that are 62 or older with a supplemental retirement income option. But is this a wise choice in today’s economy? Two of the biggest questions that you should be asking yourself are: However, let’s begin with what a reverse mortgage is… What is a Reverse Mortgage? A reverse mortgage […]
reverse mortgage
US Real Estate

Reverse Mortgages: Understanding the Pros and Cons

By Thomas O'Shaughnessy | June 28, 2022
A reverse mortgage is a type of consumer home loan that allows homeowners ages 62 and older to borrow against their home’s equity to receive either cash or a line of credit.  Unlike a traditional mortgage, homeowners don’t make a monthly payment; the loan is repaid when the homeowner or their heirs sell the house.  […]
reverse mortgage
Real Estate Resource

How Does Reverse Mortgage Work And Why Is It Beneficial For You

By Jamie Richardson | August 31, 2020
A reverse mortgage is a loan option that allows seniors 62 years or older to live comfortably in their retirement. Borrowers can cash off their equity and pay for their mortgages or other expenses this way. This type of mortgage is most popular with seniors who've run out of sources of income and savings.  In […]
Home Owners Insurance, US Real Estate

10 Things You Need To Know About Reverse Mortgages

By Jamie Richardson | May 27, 2020
Taking a loan means that what you’ve got isn't enough for what you desire. Be it a car that you want to buy, cash to support your medications, or you simply want to be financially independent, taking a loan is a quick solution.   Applying for loans may be easy if you are young, able, […]
Mortgage

Enjoy Your Retirement Years with a Reverse Mortgage

By Dean Signori | July 20, 2019
Is retirement is just around the corner for you and you are planning all the wonderful things you can do with your free time, vacations, grandkids, hobbies, home improvements and travel? But even though you have paid off your mortgage, cash may be a little bit tight to do many of the things you want? […]
Press Release

Homebuyers 62+ Focus of New Toolkits for Real Estate Agents, Builders

By Press Release | March 11, 2018
The National Reverse Mortgage Lenders Association released two free toolkits today for real estate agents and homebuilders who work with older homebuyers. The guides explain a mortgage financing option specifically for
Mortgage, US Real Estate

When the Time Comes for a Reverse Mortgage

By Brian Kline | May 9, 2017
Baby boomers are retiring at a rate of about 10,000 per day (more than 3.5 million a year) and will continue doing so for the next decade. According to a report by the Economic Policy Institute (EPI), the average household
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