Category: Reverse Mortgages

Securing a reverse mortgage CAN be a great decision. There are also potential downsides. Find out if a reverse mortgage is right for you or a big mistake.

The only people you NEED to tell about your decision to get a reverse mortgage are those who are living in your home with you. However, there are many benefits to sharing your decision with other family members — especially potential heirs. Here are 5 reasons why you might want to talk to your loved…

Given the right information, many seniors may actually find that a reverse mortgage is a good financial decision for their situation.

Reverse mortgages were originally designed and still aim to help seniors in need. However, reverse mortgages in 2021 are safer, stronger and better than ever before. These loans have evolved so that they now have many official protections in place to make sure that borrowers are secure. And, more and more borrowers are using the…

Can a reverse mortgage line of credit give you a more carefree retirement? Get the inside scoop on this somewhat complicated financial strategy.

The road in retirement can have all sorts of twists, turns and probably some pot holes.If you’re not prepared, these bumps have the potential to derail your financial security. However, you can have a contingency plan for when the path gets rocky. A reverse mortgage can be a spare tire for your retirement — there…

This is the most complete online guide to all of the costs associated with reverse mortgages including reverse mortgage interest rates.

All potential borrowers ask “when should I get a reverse mortgage?” While there is no one right answer, here are guidelines to help you figure it out…

If you interested in getting money out of your home and your home is worth more than the average, you should know about the jumbo reverse mortgage.

If you want to stay in your home and either increase your financial flexibility or get money now, follow these 7 steps to the best reverse mortgage for you.

We all worry about money and our financial future. And if you are approaching retirement, then your concerns are probably heightened. In today’s financial environment, few things are sure. In retirement, you require your existing assets to be stable and predictable, since you are not making money from work (or making less from work).For both emotional…

In following up with consumers who have visited NewRetirement’s Reverse Mortgage Calculator, it seems that an alarming number of people have a mistaken impression about who owns the home after a Reverse Mortgage has been set up. A Reverse Mortgage can enable you to access extra cash and feel the freedom of owning your home…

Did you know you can use a reverse mortgage for purchase of a new home. Is this the right way to buy into your dream retirement location?

Qualifying for a reverse mortgage is relatively straightforward. There are age, type of house and financial qualifications. Find out if you are eligible.