How Safe And Or Secure –Truly Is A Reverse Mortgage Today?

Issue 16.13

It amazes me how many times I get asked this question and how much confusion is still in the public opinion today.  Please let me lead this article by stating Reverse Mortgages today are  insured and backed by the U.S. Government and or Secretary of Housing.

When a client purchases a [...]

Is There Such A Thing As A No-Fee Re-Finance Mortgage Loan? … What Is The Catch?

Issue 11.13

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!  [...]

Time Is Now To Purchase Your Retirement Home!

Issue 6.13

Well,February brings with it the St. George Parade Of Homes.  We expect this year’s parade to have the same enthusiasm as we had in 2006 and 2007 when homeowners were a little more secure in choosing to purchase a home.  Values in homes today are back on the rise.  Likewise,[...]

Is The Reverse Mortgage Going To Be Eliminated In 2013?

Issue 1.13

Today,there is a lot of discussion concerning the future of reverse mortgages.  And,to make a long story short,if you are looking at a reverse loan now or in the future,you may want to do it sooner than later.  As the terms of this loan in the future [...]

Is There Really Such A Thing As A No-Fee Loan Or Re-Finance? And,Am I Past The Age When It Makes Sense To Re-Finance My Mortgage To Lower Rate?

Issue 47.12

I get these questions 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!  [...]

Too Good To Be True?

Issue 42.12

These days 80% of all our clients that are new homeowners 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 that say,“Buy this [...]

Too Good To Be True?

Issue 37.12

If you’re 62 and older and you’re still making a mortgage payment on your home,then you need to stop!   Today 80% of all our clients that are new homeowners and are over 62 years of age are purchasing their homes with the FHA insured Senior HECM loan.  

Senior Clients can [...]

Is There Such Thing As A No-Fee Re-Finance Mortgage Loan? What Is The Catch?

Issue 32.12

I get this question fairly often.   And,there is no mystery.  On the radio,you hear one of the largest mortgage lenders in the country in “Quicken Loans” advertise that today’s mortgage rates are at historic lows and that the 30 year fixed rate is at 3.75% with anAPRof 3.95%

So,[...]

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

Issue 28.12

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!  [...]

Too Good To Be True?

Issue 22.12

If you’re 62 and older and you’re still making a mortgage payment on your home,than you need to stop!   Today 80% of all our clients that are new homeowners and are over 62 years of age are purchasing their homes with the FHA insured Senior HECM loan.  

Senior Clients can [...]