Why Is A Reverse Mortgage So Popular Today? What Is The Catch?

Issue 17.12

Today – radio,television,newspapers and magazines are touting reverse mortgages more than any other time.   Current and former movie and television stars are running commercials for reverse mortgages and mailing free cd’s to all that are interested. 

Why the craze?  Why are they so popular and what makes them any [...]

Am I Past The Age When It Makes Sense To Re-Finance My Mortgage To Lower Rate?

Issue 12.12

I get this question on a weekly basis.  Am I too old to re-finance my mortgage?  And,secondly how far below my current interest rate does the market have to drop before it makes sense for us to re-finance?  

First,we are never too old to re-finance from a qualifying standpoint!  [...]

No Mortgage Payments For Life?

Issue 8.12

Too good to be true? If you’re 62 and older and you’re still making a mortgage payment on your home,than you can stop!   Today  80% of all our senior client’s that are new homeowner’s and are over 62 years of age are purchasing their homes with the FHA insured Senior [...]

Are We Past The Age When It Makes Sense To Re-Finance My Mortgage To A Better Rate?

Issue 2.12

I get this question on a weekly basis.  Am I too old to re-finance my mortgage?  And,secondly how far below my current rate does the market have to drop before it makes sense for us to re-finance?  

First,we are never too old to re-finance.  Second,it makes sense to [...]

No Mortgage Payments For Life?

Issue 44.11

Too good to be true? If you’re 62 and older and you’re still making a mortgage payment on your home,than you can stop!   Today  80% of all our senior clients that are new homeowner’s and are over 62 years of age are purchasing their homes with the FHA insured Senior [...]

Buy A Home And Have No Mortgage Payments For Life?

Issue 37.11

Too good to be true? These days 80% of our client’s that are new homeowner’s and are over 62 years of age are purchasing their homes with the FHA insured Senior HECM loan.  We see the billboards and magazine articles from the larger retirement communities in St. George,SunRiver and Arizona [...]