Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...
Anna Frankowska was recognized in 2017 as one of Forbes’ “30 Under 30” in Europe, having studied economics in London before moving to work in investment banking. A passion for technology led her to ...
A reverse mortgage allows seniors to access cash from the equity they've built up in their homes. Unlike home equity loans or HELOCs, there's usually no credit score requirement and you don't have to ...
Discussions about the reverse mortgage product category were not difficult to find this past week in Scottsdale, Arizona, during The Gathering by HousingWire, an event that combined both the real ...
Have you ever wondered why it’s called a reverse mortgage? The term aptly describes the reversal of the traditional mortgage process. Rather than paying the lender, you receive payments, transforming ...
Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.
I’m sure you’ve had plenty of clients tell you they want to pay off their mortgage. After all, being debt-free is a worthy goal, and it brings peace of mind, especially in times of economic chaos. But ...
My last couple of posts, beginning with The Mortgage is Dead; Long Live the Reverse Mortgage, have extolled the virtues of the improved FHA HECM reverse mortgage products. Given that the typical ...
Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...