Reverse mortgages were originally designed and still aim to help seniors in need. However, reverse mortgages in 2020 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 borrowers are using the loans…
Explore reverse mortgage pros and cons for this stressful time. Can the loan improve your emotional and financial well being? Is it right for you now?
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.
The government raised reverse mortgage lending limits to an all time high. Does this mean more money for you? It depends…
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…
You might be surprised by how people use a reverse mortgage — bathtubs, a cure for loneliness, convertibles and more… Is this loan right for you?
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.
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?
Reverse Mortgage Calculator: Understand How Reverse Mortgage Calculations Work, and Find Out How Much You Can Get from a Reverse Mortgage.
Qualifying for a reverse mortgage is relatively straightforward. There are age, type of house and financial qualifications. Find out if you are eligible.
Your house is your: Home. Heart. Hopes. Wealth. Future. The decision to get a reverse mortgage is a big one. Use this checklist to make the right choice…
This is the most complete online guide to all of the costs associated with reverse mortgages including reverse mortgage interest rates.
If you watch TV at all, you have seen an ad featuring Tom Selleck talking about reverse mortgages. Is he telling the truth? Get the real scoop here…
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.
Reverse mortgages are often talked about as a means to increase cash flow by tapping into home equity in retirement. But have you heard the full story? Do you know there’s more than one type of reverse mortgage? There are many types of reverse mortgages.Does one open the door to financial security for you? There…
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…
Do the pros outweigh the cons? Get unbiased info on disadvantages advantages and – details on fees, interest rates, loan amounts and more…
Can a reverse mortgage line of credit give you a more carefree retirement? Get the inside scoop on this somewhat complicated financial strategy.
Often times, a reverse mortgage transaction involves refinancing an existing “forward” mortgage into a reverse mortgage. However, it’s also possible to refinance an existing reverse mortgage to achieve a different interest rate or loan terms. Is reverse mortgage refinancing a good idea? A reverse mortgage is a loan that enables homeowners aged 62 or older…
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…
Reverse mortgages have been commonly viewed as a last resort that should be avoided like the plague. This false “loan of last resort” reputation reduces reverse mortgage use among many retirees who stand to benefit from tapping into their home equity. However, several recent developments have transformed these products into viable financial planning tools. New…
For some homeowners over 62 years old, a reverse mortgage can be a great option for improving retirement finances and quality of life. There are, however, quite a few misunderstandings when it comes to these complex financial products. In this article we will debunk a couple myths so you can more clearly decide if a…
Should you get a reverse mortgage? Click here to learn about the criteria you should consider when evaluating your suitability for these loans.
Used wisely, getting a reverse mortgage early in retirement can result in getting more out of both the reverse mortgage and your investments at the same time. If used strategically, reverse mortgages can be valuable financial planning tools to help retirees cover a variety of lifestyle expenses and can also strengthen the spending power of…