Estimate Your Eligibility

Can A Reverse Mortgage Be Reversed?

June 16th, 2017

Entering into a reverse mortgage is a big decision. It’s important to do your research and seek the advice of a financial advisor. One question that tends to be top of mind when entering into a reverse mortgage is whether

Reverse Mortgage Costs

April 14th, 2017

A reverse mortgage allows homeowners 62 and older with sufficient home equity to access that equity and convert it into cash. The Home Equity Conversion Mortgage (HECM) makes up the vast majority of reverse mortgages originated in the United States.

Protect Yourself from Tax Scams

March 29th, 2017

Anyone can fall victim to fraud, but seniors are particularly vulnerable.  Seniors are often on a fixed income, so losing money at the hands of a scam artist can hit older Americans the hardest. As tax season is upon us,

Understand How to Create and Maintain a Healthy Credit Score

March 16th, 2017

Maintaining a healthy credit score is something that can affect you in several aspects of your life. What type of car you can get, applying for personal loans and how high your interest on your mortgage will be are just

How Much Should You Be Saving for Retirement?

February 28th, 2017

Some experts say that you should save approximately fifteen percent of your salary each year in order to lock in a secure retirement. This percentage would include all savings such as company matched funds from your employer.1 According to a

Preparing For the Unexpected

February 22nd, 2017

The holidays may be long gone, but inclement winter weather isn’t leaving anytime soon. From the heavy rains and flooding in California, to the severe snow storms in the east, it seems that winter has decided to stick around a

7 Simple Steps for a More Secure Retirement

February 14th, 2017

“Financial security isn’t a number or a threshold. It has to do with what you spend, and save, relative to your income.” This translates into spending less than what you earn and saving the surplus. “Over time, you keep building

Who Can Help You With the Reverse Mortgage Process?

January 27th, 2017

Getting a reverse mortgage is a big decision, so it’s important to do your research and seek the advice of professionals. A Home Equity Conversion Mortgage (HECM), also known as a reverse mortgage, allows seniors to access their home equity

Deciding If a Reverse Mortgage is Right for You

December 13th, 2016

The reverse mortgage industry has received its share of negative press; however, much of this criticism is due to a lack of education and misconceptions about the product. “Many senior homeowners who could truly benefit from a reverse mortgage have

Five Ways to Prepare For Aging in Place

November 29th, 2016

According to a recent survey from TransAmerica Center for Retirement Studies, “Three out of five current retirees have remained in their homes and almost the same proportion of workers over 50 expect to stay put when they retire.” Given that,