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4 Reasons Retirees Should Consider An HECM Reverse Mortgage

HECM reverse mortgage

Just how prepared are you for retirement and do you really have enough savings set aside to make it comfortably through your golden years? While planning and saving early on is the key, the reality is that inflation, unforeseeable living expenses and medical expenses and hidden bills can really set ...

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14% Of Retirees Consider A Reverse Mortgage, New Study Finds

considering a reverse mortgage

Reverse mortgages have grown in popularity in recent years as more retirees seek to cash out their home equity and secure their lifestyle and financial freedom during their golden years. A reverse mortgage is a special kind of HECM loan that allows American homeowners age 62 and older to borrow ...

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5 Things You Need To Know About A Reverse Mortgage Line Of Credit

reverse-mortgage-line-credit

A reverse mortgage is a special kind of home loan that comes with certain rules and stipulations, available only to homeowners age 62 or older that have substantial equity in their homes. For more clarity, make sure you read my article about the reverse mortgage basics to get a better ...

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$33 Trillion Over 10 Years – That’s The Real Cost Of Bernie Sanders’ Healthcare Plan

Bernie-sanders-Healthcare

Ever wonder just how much the Bernie Sanders healthcare plan would cost American taxpayers? According to a nonpartisan study that was conducted by the Tax Policy Center and the Urban Institute in Washington, it would cost the federal government $33 trillion over the next decade. But the thing is that ...

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HUD Says New Reverse Mortgage Updates Are Good For Everyone

HUD-reverse-mortgage-update

According to a new report that was issued by the Department of Housing and Urban development (HUD), the newest reverse mortgage updates on the rules and laws have worked out for the better and to the positive benefit of both borrowers and lenders. New changes to the Home Equity Conversion ...

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It’s Time For Retirees To Take Reverse Mortgages Seriously

reverse mortgage worth it

Most retirees are uninformed when it comes to their options with reverse mortgages. Due to the lack of this information, many are simply unaware that they have such options to begin with. And many do not consider even tapping their equity. According to the 26th Retirement Confidence Survey by the ...

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