Tapping home equity via a reverse mortgage loan can be an excellent way for seniors to continue to own and live in the homes they love. But is it right for you? Take this quick quiz to find out!
Nancy began learning about Home Equity Conversion Mortgages (HECMs), the most popular type of reverse mortgage loan, and found that it gave her more choices and control over her finances.
After Cathy’s husband passed away, she felt she owed it to herself to pursue her life goal of living by the ocean. She used a reverse mortgage loan to not only purchase her dream ocean-front home, but also establish a line of credit for future expenses.
Today’s interest rates are a common concern for those who are interested in reverse mortgage loans. The good news is that there are a number of other factors that can help you determine if now is the right time for a reverse.
In this article, we’ll explore how a reverse mortgage can help you enjoy a more comfortable, secure retirement while providing the peace of mind that your children can continue their financial independence and benefit from the legacy you leave behind.
Rebecca’s reverse mortgage loan provided much more than financial freedom, it covered unexpected medical expenses and provided funds for a variety of projects.
Securing a comfortable retirement should be a top priority for homeowners 62 and above. We’ll also show how the Home Equity Conversion Mortgage loan (or HECM) can effectively insulate retirement portfolios while improving retirement life.
Moving to live near your grandchildren is no small leap. Read on to learn the top tips to consider before you make the move.
Now more than ever, financial advisors and homeowners are viewing the reverse mortgage in a financial planning sense — read on to learn why.
Most reverse mortgage loans today are HECMs—the only reverse mortgages insured by the Federal Housing Administration (FHA). In this article, Leslie and the Kight Team will tell you everything you need to know about HECMs in order to get started.