Breaking News! Fairway Mortgage Ranked #1 in the U.S. for Borrower Satisfaction Among Mortgage Origination Companies by J.D. Power. Read on to learn more!
If you’re an attorney working in estate planning, Home Equity Conversion Mortgage (HECM) loans, also called reverse mortgage loans, can be a particularly helpful option in your toolkit. Read on to see why!
For seniors with significant debt in retirement, especially if traditional home mortgage payments are a major factor, a HECM can be a powerful avenue to consolidate debt. Read on to learn more!
It’s common for homeowners to want to refinance their mortgage to a lower interest rate, but what about then the interest rates are as high as they are today? There can be times when refinancing to a higher rate can be a wise move, so it pays to learn about your options.
If you’re a homeowner 62 or older, you might be sitting on a significant amount of untapped home equity that you can use to finance essential home updates, repairs or even major renovations.
Where you live in retirement influences so many aspects of your life. Read on to learn more about the pros and cons of the most common options for retirement living.
Colin was well-positioned for retirement, until he got a divorce. Afterward, he used a reverse mortgage loan to purchase a house he loves.
Financial professionals, learn how the Home Equity Conversion Mortgage (HECM) can be an effective tool for insulating retirement portfolios, improving overall quality of life in retirement and helping retirees afford their dream home.
Reverse mortgage loans have become an increasingly popular tool for financial planners. Read on to learn the Top Four Reasons for you to bring them into your financial planning toolkit.
Tapping home equity via a reverse mortgage loan can be an excellent way for seniors to continue to own and live in the homes they love. But is it right for you? Take this quick quiz to find out!
Today’s interest rates are a common concern for those who are interested in reverse mortgage loans. The good news is that there are a number of other factors that can help you determine if now is the right time for a reverse.
In this article, we’ll explore how a reverse mortgage can help you enjoy a more comfortable, secure retirement while providing the peace of mind that your children can continue their financial independence and benefit from the legacy you leave behind.
Claudette sees the Home Equity Conversion Mortgage (HECM) loan as a significant bonus for retirees and greatly appreciates the peace of mind and financial control it provides.
Securing a comfortable retirement should be a top priority for homeowners 62 and above. We’ll also show how the Home Equity Conversion Mortgage loan (or HECM) can effectively insulate retirement portfolios while improving retirement life.
Moving to live near your grandchildren is no small leap. Read on to learn the top tips to consider before you make the move.
Now more than ever, financial advisors and homeowners are viewing the reverse mortgage in a financial planning sense — read on to learn why.
Most reverse mortgage loans today are HECMs—the only reverse mortgages insured by the Federal Housing Administration (FHA). In this article, Rob and the Kanyur Team will tell you everything you need to know about HECMs in order to get started.
There are a number of myths out there about reverse mortgage loans, but they really are just cashflow. Learn why in this article.
What is a reverse mortgage loan and how does it work? Read this article to help decide if one the right choice for you, a loved one or a client.
In this article, we’ll cover what a HECM reverse mortgage loan is, the typical upfront and ongoing costs and whether those costs are worth it for you.
Nancy began learning about Home Equity Conversion Mortgages (HECMs), the most popular type of reverse mortgage loan, and found that it gave her more choices and control over her finances.
After Cathy’s husband passed away, she felt she owed it to herself to pursue her life goal of living by the ocean. She used a reverse mortgage loan to not only purchase her dream ocean-front home, but also establish a line of credit for future expenses.
For most homeowners aged 62 and older, home equity represents the largest portion of their overall net wealth. Three common home-equity-release loans available today for senior homeowners are the Home Equity Line of Credit (HELOC), Home Equity Loan (HEL), and the Home Equity Conversion Mortgage (HECM).
If you’re in or nearing retirement, you may be worried about risks that can drain your savings faster than you ever projected and compromise your monthly cash flow and desired retirement lifestyle.
Rebecca’s reverse mortgage loan provided much more than financial freedom, it covered unexpected medical expenses and provided funds for a variety of projects.
Kathleen Scarcelli is a long-time resident of Scottsdale, AZ, and entrepreneur. Her husband passed away, which left her in a difficult position.
Jim is a retirement-aged Realtor who believes that the Home Equity Conversion Mortgage (HECM) loan has freed him financially and thinks that every homeowner of qualifying age should use one too.
When inflation outpaced Jeff’s social security and pension, he used a reverse mortgage loan to free up cash, pay off debt and treat himself.
When it comes to making savings last over a lengthy retirement period, retirees have no shortage of obstacles to contend with. Here are three ways people 62 and older (working in tandem with their advisors) can incorporate reverse mortgages into sound retirement plans to potentially improve retirement outcomes.
Jim, a retired financial advisor, and his wife did their homework on reverse mortgage loans, and are very happy that they have one. Jim’s sister was struggling to make ends meet—hear why Jim recommended a reverse and how it improved her life.
Mitch and his wife Evaly used a reverse mortgage loan to provide a financial buffer for market downturns, and believe that it’s a move that other people should make as well.
Tod is a retired financial advisor who built wealth in multiple income streams throughout his career—hear how he uses his reverse mortgage as a financial buffer.
Best-selling author and speaker Joe Jordan was once highly skeptical of reverse mortgage loans—hear in his words why he’s become a major advocate.
If you’re considering moving to a retirement community, read about the top tips to pick the best place for you!
U.S. homeowners aged 62+ saw their home equity soar to a record $10 trillion in 2021, making it prudent for homeowners and their advisors to discuss ways to incorporate housing wealth into retirement planning decisions.
While home equity is certainly good, it isn’t necessarily the best form of wealth for everyone. The way reverse mortgage loans turn home equity into cash offers additional advantages that you may not be aware of. Read on to learn the top five!
H4P loans can not only help you grow your REALTOR® business, it can help you overcome challenges in your own retirement planning.
Reverse mortgage loans apply to many legal scenarios, but for lawyers involved in silver divorces, the reverse mortgage could be just the tool you need for your clients’ success.
Reverse mortgage loans can be powerful tools for people in a variety of situations. But are they right for you? See the reverse mortgage pros and cons.
Of the challenges that financial planners face in shepherding clients through retirement, cash flow and risk management are among the most common. The reverse mortgage loan line of credit offers immediate solutions for both of these issues. Read on to learn more!
If you ask people what they think about reverse mortgages, you are sure to get some strong opinions. Unfortunately, many people form those opinions based on misconceptions about the way reverse mortgages work.
In this article, we’ll cover the basics of reverse mortgage loans and show how they can be a game changer for you and your retirement.