by RickMay | Jul 1, 2019 | Reverse Mortgage Blog, reverse mortgage calculator, reverse mortgage refinance
Do you own a home but struggle with your everyday expenses? Then acquiring a reverse mortgage will come to your aid. Traditional reverse mortgages may be of assistance to many people, but the government-mandated restrictions make it an uphill task for many, making it...
by RickMay | Dec 5, 2018 | Reverse Mortgage Blog, reverse mortgage calculator, reverse mortgage refinance
A reverse mortgage, also known as a HECM, can be a valuable way for homeowners to convert some of the equity in their home into much needed cash. Backed by HUD and insured by the FHA, these loans are just one of the many tools designed to help homeowners 62 years and...
by RickMay | Oct 12, 2018 | Reverse Mortgage Blog, reverse mortgage calculator, reverse mortgage refinance
“Few things in life are as exciting and satisfying as buying a new home,” said Monte Howard, CRMP, Manager of the Reverse Mortgage Division at C2 Financial, based in San Diego. “When I show a client how they can own the home of their dreams with a Reverse Purchase, I...
by RickMay | Sep 27, 2018 | Calculator, Reverse Mortgage Blog, reverse mortgage calculator, reverse mortgage refinance
Can you buy a home using a reverse mortgage? The answer is a definite yes. Buying a home with a reverse mortgage is usually a conversation for seniors that are looking to downsize from the homes they already live in, and especially the amount of money they are paying....
by RickMay | May 18, 2018 | Reverse Mortgage Blog, reverse mortgage calculator, reverse mortgage refinance
The primary question that occupies your mind when you contemplate a reverse mortgage is, “How much will I get?” With the advent of technology, we are lucky today. You don’t have to go to your lender to calculate a reverse mortgage for an accurate estimate. You will...
by RickMay | Mar 6, 2018 | Reverse Mortgage Blog, reverse mortgage calculator, Reverse Mortgage Line of Credit
A rеvеrѕе mortgage iѕ a tуре of home loan for оldеr hоmеоwnеrѕ thаt requires nо monthly mortgage payments. Borrowers are ѕtill rеѕроnѕiblе fоr property tаxеѕ and homeowner’s insurance. Rеvеrѕе mоrtgаgеѕ allow еldеrѕ tо access the hоmе equity thеу hаvе built up...
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