Older adults over the age of 62 who are homeowners sometimes need a substantial amount of money to pay off their existing mortgage, pay for healthcare expenses, pay for home improvement services, or supplement their…
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Non FHA (Federal Housing Administration) Mortgage With today’s ever-changing economic climate, there are many reasons why long-time homeowners and seniors might find themselves in need of additional income. Fortunately, your client’s lifetime investment in their…
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What Is a Home Equity Conversion Mortgage (HECM)? If your client is looking for a time-efficient way to generate retirement income without selling their car, stocks, or bonds, a Home Equity Conversion Mortgage might be…
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What Is a Home Equity Conversion Mortgage (HECM) for Purchase Loan? If your client is 62** or older, the Home Equity Conversion Mortgage (HECM) for purchase can help them get the home of their dreams…
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With today’s ever-changing economic climate, there are many reasons why long-time homeowners and seniors might find themselves in need of additional income. Fortunately, a lifetime of investment in your property has doubled as an investment…
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How Does a Reverse Mortgage Work and What Are They? Reverse mortgages are an innovative way for homeowners, ages 62 and above,** to leverage the equity they have earned in their home. There are several…
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Proprietary Reverse Mortgage: What You Need to Know Has your client considered a proprietary reverse mortgage option as a senior homeowner? If they have substantial equity in their home, a reverse mortgage is one of…
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How Your Client Can Refinance Their Reverse Mortgage Homeowners looking to get more from their home equity could try to refinance their reverse mortgage loan. Reverse mortgages allow homeowners to turn their home’s equity into…
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Jumbo Reverse Mortgage Is your client worried that a traditional reverse mortgage loan won’t get them the right value for their home? Then it would be best if they considered a jumbo reverse mortgage (often…
What Is a Reverse Mortgage Line of Credit? Should your client explore a reverse mortgage line of credit? Yes, absolutely! Homes are not only near and dear to the hearts of their owners, but they…
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