Reverse Mortgage Loans
866 751.6105

Retirees May Need to Live on Less, Work Longer and Save More

January 9th, 2015

According to a recent article on, Americans have not saved enough to provide for their retirement.1 Contributing factors include longer life spans, retiring earlier, less generous pensions, and greater health expenses. The article states that there are only a

Differences Between a Traditional Reverse Mortgage and HECM for Purchase

November 20th, 2014

A Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is a Federal Housing Administration (FHA) insured loan which enables seniors to access a portion of their home’s equity to obtain tax free1 funds without having to make

How a Reverse Mortgage Can Bridge Retirement Account Shortfalls

November 14th, 2014

A Huffington Post article1 touts the benefits of reverse mortgage loans for moderately wealthy Americans. Historically, reverse mortgage loans have been called the “loan of last resort” and are often marketed toward retirees that “have no other options”. However, there

Three Ways to Save Money This Winter

October 24th, 2014

There is a noticeable chill in the air in most areas of the country this time of year. If you or someone you know is living on a fixed income, the cooler weather can strain finances. If your home is

What Your Heirs Need to Know if You Have a HECM Reverse Mortgage

October 17th, 2014

A Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage, is a nonrecourse loan. This means that if your home is sold to repay the loan, you or your heirs will never owe more than the loan balance

Planning for Long Term Care

July 28th, 2014

Planning for long term care can be a confusing, overwhelming process. Long term care… “is designed to cover long-term services and supports, including personal and custodial care in a variety of settings such as your home, a community organization, or

Save Money By Breaking These Habits

July 14th, 2014

We all have little habits that are costing us money. When added up through the years, how much money could you save if you kicked these common money-draining habits1? Aggressive Driving. Not only is fast, aggressive driving bad for your

New Reverse Mortgage Non-Borrowing Spouse Rule

June 30th, 2014

Congress established the Home Equity Conversion Mortgage (HECM) program to be administered by the Department of Housing and Urban Development (HUD) in 1987. Since then, HUD has continued to update the program to better fit the needs of borrowers and

Five Things to Know About Reverse Mortgages

June 25th, 2014

Reverse mortgage loans can be a helpful financial option for senior homeowners struggling to make ends meet, but they are not appropriate for everyone. We have highlighted five things potential borrowers should know when considering a reverse mortgage loan. 1.

2014 EBRI Retirement Survey Indicates Seniors Struggling With Debt

May 9th, 2014

The Great Recession is over, but many are still feeling the pain as they recover financially. At-risk groups such as the growing senior population are especially vulnerable. Many retirees were forced into early retirement in recent years and feel financially

Eligibility Calculator

Iron Clad Guarantee