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Issue 47.14 Since a Reverse Mortgage is FHA and or HUD insured does it matter which lender I choose? I get this question asked on a weekly basis. That is like saying because every bank is FDIC insured does it matter which bank I have my account with? All reverse mortgages are for the most […] Issue 42.14 I love the commercials you see on television with a Reverse Mortgage. The actors show elderly couples and then just state the obvious that the Reverse Mortgage is Government Insured and you control the title of the home as do your heirs. They really never explain why this is an option for seniors […] Issue 37.14 Since a Reverse Mortgage is FHA and or HUD insured does it matter which lender I choose? I get this question asked on a weekly basis. That is like saying, because every bank is FDIC insured, does it matter which bank I have my account with? All reverse mortgages are, for the most […] Issue 32 & 33.14 In looking at options for financial health and wellbeing going into our retirement, HUD has announced the new changes that will benefit our senior clients beginning in August. Besides adding some more flexibility to the loan with loan terms and options, they have improved the loan in two significant ways that […] Issue 27.14 As our baby boomers continue through their retirement, the Department of Housing and Urban Development or HUD / FHA is projecting that 60% of our retirees over the next decade will need to tap into the equity of their homes as part of their overall retirement. Let’s try and put that in […] Issue 22.14 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, Quicken Loans, advertise that today’s mortgage rates are at historic lows and that the 30-year fixed rate is at 3.75% with an APR of 3.95%. So, the actual […] Issue 17.14 It is crazy to hear all of the misinformation that is out there today in the news. So many clients get “advice” from neighbor’s friends or advisors that tell them how “bad” a reverse mortgage is for them? They can’t tell the client’s why it is bad – just that it is in […] Issue 12.14 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 different […] Brandon, My wife and I are buying a home and we are so confused with the options for homeowner’s over 60 in buying a home. “Should we rent?” Should we pay cash?” Should we finance and just make long term payments with the tax benefits? Or should we look into the Senior Reverse purchase […] Issue 47.13 If someone knows the answer, will you let me know? With the Federal Reserve keeping tabs on how fast our economy is growing and / or let’s say not growing, the Stock market or equities market has been the beneficiary of the environment. The old saying, “When interest rates are low, stocks will […] |
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