Mortgage

How to Save with a No Closing Cost Reverse Mortgage

By Al Twitty | September 17, 2016
One of the knocks against reverse mortgages, in general,are the closing costs. These tend to be higher than traditional mortgages and for many borrowers, this is part of the reason why they never pursue one.
Mortgage, Residential

Breaking Down Reverse Mortgages

By Al Twitty | August 25, 2016
Most of us have seen the TV commercial where some celebrity or another tells us about reverse mortgages. But what is a reverse mortgage and what can you expect during the process?
Mortgage

Pros, Cons, and Myths About Reverse Mortgages

By Brian Kline | May 23, 2016
As the 77 million baby boomers enter retirement at a rate of 10,000 per day, the reverse mortgage marketplace is potentially worth $1.9 trillion according to the Consumer Financial Protection Bureau, of which only about 10% has been penetrated to date. While this mortgage product has been around for years, it's affect on real estate […]
Mortgage, US Real Estate

What Seniors Should Know When Considering a Reverse Mortgage

By Guest Author | October 21, 2015
Despite the amount of marketing that reverse mortgages receive, many people are still unclear on what they actually are. Below are a few things seniors should know when considering a reverse mortgage.
Mortgage, US Real Estate

Your Guide To Reverse Mortgage Strategies

By Brian Kline | July 14, 2015
People are literally retiring by the hundreds of thousands each year and will continue doing so for the next decade. That means these people will be looking everywhere for retirement funds. One of those places is the equity in their homes. That means reverse mortgages are going to be an attractive option for years to […]
Residential, US Real Estate

Are Reverse Mortgages Too Good to Be True?

By Brian Kline | September 3, 2014
As more and more baby boomers move into retirement age, the reverse mortgage is becoming more and more attractive as an additional income source to maintain a high standard of living. As with so many things in life, whether these loans are good or bad depends on individual circumstances. Nevertheless, reverse mortgages should generally be […]
Residential, US Real Estate

Pros, Cons, and Myths About Reverse Mortgages

By Brian Kline | March 24, 2014
As the 77 million baby boomers enter retirement at a rate of 10,000 per day, the reverse mortgage marketplace is potentially $1.9 trillion according to the Consumer Financial Protection Bureau, of which only about 10% has been penetrated to date. While this mortgage product has been around for decades, it's affect on real estate markets […]

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