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HECM Loan Specifics

HECM Loan Specifics

What keeps you up at night? What keeps you up at night? Financial stress and monthly cash-flow pressures create anxiety for a lot of folks. These financial pressures can be magnified when you are at retirement age. A solid financial plan can alleviate much of this...
Why I Believe in Reverse Mortgages

Why I Believe in Reverse Mortgages

I have been in the mortgage business for about 20 years and I originated my very first Reverse Mortgage back in 2005. I feel Reverse Mortgages are the best kept secret in mortgage lending…there simply isn’t a loan that has this amount of flexibility or allows for more...
Myth: A Reverse Mortgage is Expensive

Myth: A Reverse Mortgage is Expensive

Reverse Mortgage Myth Buster #4 Another misconception I hear a lot is…the idea that a Reverse Mortgage is expensive…well…here’s the truth. The basic costs of a Reverse Mortgage really aren’t that different than a traditional forward mortgage, i.e. there are title and...
Myth: Left with Large Debt at the End of Life

Myth: Left with Large Debt at the End of Life

Reverse Mortgage Myth Buster #2 A second common misconception I hear a lot surrounding Reverse Mortgages is this: If a senior homeowner does a Reverse Mortgage then the family or that senior homeowner will be left with a large debt at the end of their life…this is NOT...