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You are here: Home / Archives for Reverse Mortgages

Are You Applying for a Reverse Mortgage? Here Are 3 Considerations You’ll Need to Make

December 31, 2020 by Patrick Jones

If you're a homeowner who is looking to tap in to the home equity that you've spent years building you may be interested in a "reverse mortgage" or "home equity conversion mortgage". Let's take a closer look at how reverse mortgages work, including how to qualify, what happens to your existing mortgage and what a reverse mortgage might cost.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Reverse Mortgages

3 Completely False Myths About Reverse Mortgages That Need to Be Debunked

January 9, 2018 by Patrick Jones

Are you a senior or retired individual older than 62 who is looking to supplement their retirement income? If so, you may have heard about a unique financial product known as a reverse mortgage. In today's blog post we will explore three myths about reverse mortgages and share why they need to be debunked. Let's get started.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

3 Ways That a Reverse Mortgage Can Transform Your Retirement

November 21, 2017 by Patrick Jones

Are you a retired individual looking for ways to increase your financial security? If so, you may have heard of a home equity conversion mortgage, more commonly known as a reverse mortgage. Used correctly, this is one of the most effective financial products for retirees who own their home.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

62 or Older? 3 Reasons Why a Reverse Mortgage Might Be the Perfect Financial Solution for You

October 31, 2017 by Patrick Jones

Are you and your spouse starting to move into your retirement years? If so, you already know that you are going to need a solid financial plan for when your primary sources of income are no longer bringing money in. If you have invested in your retirement, you might be all set. However, what if your house makes up the majority of your net worth?

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

You Ask, We Answer: What Kind of Fees Are Involved When I Get a Reverse Mortgage?

August 15, 2017 by Patrick Jones

If you are approaching your golden years and seeking a bit of financial flexibility, you might want to look at a reverse mortgage. Of course, a reverse mortgage isn't without its costs. Let's explore the fees that you will encounter when you take out a reverse mortgage loan.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Reverse Mortgages

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