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You are here: Home / Archives for Reverse Mortgage

The Top 3 Reasons To Invest In A Reverse Mortgage

September 1, 2020 by Patrick Jones

For seniors who have equity built up in their home, they might have heard about something called a reverse mortgage. There are plenty of TV commercials for reverse mortgages; however, there is still a lot of confusion regarding what they are.

Filed Under: Mortgage Tagged With: Mortgage, Mortgage Loans, Reverse Mortgage

Considering A Reverse Mortgage? Understand These Important Points First

February 11, 2020 by Patrick Jones

There are many individuals who end up on a fixed income once they reach a certain age; however, their expenses aren't always fixed. Sometimes, there is a large medical expense. In other cases, someone might need money for a new car or a home repair. In the event that someone needs cash quickly, one option is called a reverse mortgage.

Filed Under: Mortgage Tagged With: Financing Options, Mortgage, Reverse Mortgage

Can A Reverse Mortgage Impact Your Social Security Or Medicare Benefits?

December 10, 2019 by Patrick Jones

One of the most common worries that people have is money. When it comes to those golden retirement years, many people worry about running out of money. At the same time, most people who reach their retirement years have a lot of equity in their home.

Filed Under: Mortgage Tagged With: Financing Options, Mortgage, Reverse Mortgage

Is A Reverse Mortgage Right For You?

September 19, 2018 by Patrick Jones

Imagine the bank depositing monthly premiums into your account instead of you writing a mortgage check. That's basically how a reverse mortgage works.

Filed Under: Mortgage Tagged With: Mortgage, Retirement, Reverse Mortgage

Equity Loan and HELOC vs. Reverse Mortgage – What’s the Difference?

April 24, 2018 by Patrick Jones

There are times in our lives when the idea of freeing up cash becomes desirable or necessary. Near retirement, this is a common consideration. The typical financial tool that many retirees want to know about is a reverse mortgage, but it's not the only equity tool available.

Filed Under: Mortgage Tagged With: HELOC, Home Equity, Reverse Mortgage

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