Did you know that reverse mortgages have a new eligibility requirement?
In the past, the eligibility requirements for a reverse mortgage were simpler: you had to have enough equity in your home (generally […]
How To Use Your Home Equity To Improve Your Retirement
Many Americans spend their entire working lives saving for retirement. Everyone knows the significance of funding their 401k, stashing some money away […]
What Can You Do If You Haven’t Saved Enough For Retirement?
The earlier you can start saving for retirement, the better “…because even small sums can grow staggeringly large with enough decades of […]
What to do in the Event of an Unexpected Retirement
You try to do your best to plan for retirement, but what do you do when you’re forced to retire early? According […]
Retirees May Need to Live on Less, Work Longer and Save More
According to a recent article on economist.com, Americans have not saved enough to provide for their retirement.1 Contributing factors include longer life […]
Differences Between a Traditional Reverse Mortgage and HECM for Purchase
A Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, is a Federal Housing Administration (FHA) insured loan which enables […]
How a Reverse Mortgage Can Bridge Retirement Account Shortfalls
A Huffington Post article1 touts the benefits of reverse mortgage loans for moderately wealthy Americans. Historically, reverse mortgage loans have been called […]