Updates

What Are Reverse Mortgages Commonly Used For?

One of the most common options for senior citizens is a reverse mortgage. Its popularity is attributable to its ability to provide the homeowner the freedom to utilize the money from the loan in whatever way they choose. Since the homeowner is going ...

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Heloc Market Slowdown Leads To More Reverse Mortgage Inquiries

The originators of reverse mortgages have always lauded the advantages of reverse mortgage options for a few prospects relative to HELOCs or home equity lines of credit. However, the latest changes in the home equity lending environm...

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Reverse Mortgages: The What, The Who And The How


There are different types of home loans on the market. One of which is what we call reverse mortgage. Some people might think that this is similar to a traditional mortgage or home loan. The only similarity is that both are loans against a borrow...

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Can Homeowners Use Reverse Mortgage As A Source of Retirement Income?

Seniors in the United States are sitting on a whopping $7.19 trillion in housing wealth. Although it wasn’t part of balanced retirement plan, reverse mortgage could be an effective way of funding retirement. Tapping home equit...

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Seniors Use Reverse Mortgage As Cash Lifeline Amid the Coronavirus Outbreak


The global economy is taking a beating from the coronavirus outbreak and investment portfolios are also taking a hit. Although all these bring unpleasant news to investors, the most affected ones are retirees who rely o...

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Reverse Mortgages Are Starting To Gain More Approval


Reverse mortgages have always been controversial. But, it’s starting to get more approval from financial planners as retirement crisis continue to haunt seniors. Although some planners are still sceptical, others are starting to consider home...

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Tips To Avoid Running Out Of Reverse Mortgage Proceeds


Although a reverse mortgage is generally advertised as offering a secure income source for the rest of your life and they could, under the ideal conditions, running out of cash sooner than you anticipated is one of the main risks of taking ...

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A Second Look at Reverse Mortgage Amid Coronavirus Pandemic


Reverse mortgage has gained the attention of many these days as a potential source of financial stability as the stock market plunge and the 401(k)s shrink away amid the coronavirus outbreak.

A part of the new appeal in this type of l...

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