How Most Modern Reverse Mortgages are Used

How Most Modern Reverse Mortgages are Used

Over the past decade we have assisted numerous reverse mortgage borrowers and have seen a pattern of how the funds are being used.  If you’ve read prior blogs on this type of home loan, you already know that funds from a reverse mortgage can be accessed in many ways....
Flex Mortgage vs. Reverse Mortgage

Flex Mortgage vs. Reverse Mortgage

Modern reverse mortgages are a type of loan that allows most homeowners who are at least 55 years old to borrow against their home equity. Unlike a regular forward mortgage, monthly loan payments are completely optional.  Simply put, you have the flexibility to treat...
Reverse Mortgages for Wealthy Retirees

Reverse Mortgages for Wealthy Retirees

A reverse mortgage can be an important part of retirement planning for wealthy retirees that have a substantial amount of home equity. It is a financial product that allows you to access part of the equity in your home while you are still living in it.  This is equity...