By Kathie Adler Every day you and I talk with a senior citizen who has a different slant on what they are looking for in the twilight of their years. At a time in life when the things you thought mattered really don’t, you come full circle to finding out what your real needs are. [...]
By Addison Holmes Reverse mortgages were designed mainly for seniors who have paid off their home and therefore have the total value of the home as equity. They can be beneficial to someone under certain circumstances but you should make sure you know the advantages and disadvantages. First of all, do you really need a [...]
By Steven Moline The new Administration in Washington recently passed legislation that changed the FHA Home Equity Conversion (HECM) Reverse Mortgage ‘Lending Limit’ to $625,500! Previously the FHA capped the Lending Limit at $417,000. The Lending Limit is the maximum home value used to calculate the benefit a senior can receive from a HECM Reverse [...]
