Reverse mortgage changes afoot
Updated Oct. 9, 2013
According to sources at National Reverse Mortgage Lenders Association and HUD there are some changes coming to the reverse mortgage industry that can affect some future borrowers interested in this program. While there was quite a bit of talk in November and December about the fixed rate, lump sum program...

Take pressure off your portfolio
Updated Oct. 9, 2013
This website and others have been offering their opinion on the use of reverse mortgages to take the pressure off the portfolio for some time now. The Wall Street Journal recently recognized the same in an article from Anne Tergesen entitled Reverse Mortgage: Get Cash Use Caution.. What is important to understand...

You dont know what you dont know
Updated Oct. 9, 2013
If you're reading this its because you don't know what a reverse mortgage can do for you. You're doing research for yourself or a family member and when you put the term reverse mortgage into the Google search engine, you found this site as a reference and opinion site, not affiliated with a lender...

Full House
Updated Oct. 9, 2013
Everyone has played poker of some type, regular 5 card poker or the more popular hold 'em game. Two pair are better than one but a full house beats that two pair. You can beat a full house too but when you're holding the full house, you think you're in pretty good shape. Of course its a play on words but a...

Can a mortgage cure all that ails you?
Updated Oct. 9, 2013
Reverse mortgages are the new financial miracle cure-all; they can replace the kitchen sink, they buy the cruise tickets, they put new tires on the car, they pay for mistakes you've made in your retirement planning, heck, they can put a big screen on your bedroom wall. While you're at it, have it...

Guaranteed growth rates
Updated Oct. 24, 2014
Are you aware that if you are over 62 and have enough equity in your home to qualify for a reverse mortgage and choose the Line of Credit function to draw your cash from your home that some folks can qualify for a guaranteed growth rate of 6.310% on their available funds? Can you beat that with any other financial...