Columnists

Take Advantage Of Today’s Strong Economy

Issue 44.17

TIMES ARE GOOD, VERY GOOD! The stock market is reaching new highs, employment is strong, housing is appreciating faster than it has in probably the last ten years and Amazon seems to be taking over the retail world! We all hope that the economy continues to grow and strengthen for many […]

New Changes To Reverse Mortgages

Issue 39.17

FHA has recently taken steps to strengthen the Home Equity Conversion Mortgage (HECM) loan program and make it more sustainable. These changes are also designed to help homeowners retain more of their equity for a longer period of time. That means homeowners can now secure cash for their current living needs […]

Have A Reverse Mortgage?

Issue 34.17

Everyone who has a HECM (or reverse) mortgage loves the fact that they don’t have to make mortgage payments for as long as they live in their home. What most people don’t realize is that in an appreciating housing market such as the one we have seen over the past seven […]

How to Increase and Extend Your Retirement Savings…. Part 2

Issue 29.17

Part 2 My previous article explored how Home Equity Conversion Mortgage (HECM) Term and Tenure loans can help you extend your retirement savings. This article focuses on another HECM product that offers even greater flexibility, the HECM Line of Credit. A HECM line of credit is a mortgage that gives you, […]

How to Increase and Extend Your Retirement Savings

Issue 24.17

In my previous article, I discussed an overview of the four types of Home Equity Conversion Mortgages, or HECM loans: Purchase, Term Loan, Tenure Loan and Line of Credit. In this article, I’m going to explore more on the HECM Tenure and Term loans and how they can be used to […]

Understanding Senior Financing Options

Issue 23.17

Many people are aware that a home can be purchased using a Home Equity Conversion Mortgage, also known as HECM loan or senior financing. But most people don’t realize that there are actually four types of HECM loans. In all four loan types, the loan amount is determined by the home’s […]

Understanding Senior Financing Options

Issue 13.17

Many people are aware that a home can be purchased using a Home Equity Conversion Mortgage, also known as HECM loan or senior financing. But most people don’t realize that there are actually four types of HECM loans.

In all four loan types, the loan amount is determined by the home’s […]

Welcome to the Parade of Homes!

Issue 7.17

The Parade of Homes is now in full swing! Welcome to all of you who love to come and see the latest and greatest in home designs. Builders, designers and craftsman have been working at a dizzying pace to prepare amazing homes so that you can explore the possibilities and dream […]

Reducing Stress For The Holidays – And Beyond

Issue 49.16

I love the holidays at the end of the year. They’re a great opportunity to get together with family and friends to celebrate beliefs and traditions or to just have fun eating together or watching your favorite football game. The holidays are a time of thankfulness, giving and renewal as the […]

10 Myths About HECM Mortgages

Issue 44.16

Home Equity Conversion Mortgages (or reverse mortgages) have been around since 1961, but they have only become a main-stream financial product in recent years. Because HECMs are still a relatively new product many people have misconceptions about how they work. Here are ten of the top myths about reverse mortgages:

The […]