Reverse vs. Traditional Mortgages

One of the most frequently asked questions about reverse mortgages is, “How does it differ from a traditional mortgage?” With a traditional mortgage, you make your payments each month, slowly chipping away at the loan balance a little bit at a time. But with a reverse mortgage, monthly principal and interest payments are [...]

By |2024-03-15T18:08:55-06:00March 21st, 2024|Reverse Mortgage Information|0 Comments

Reverse Mortgages & Inflation

Inflation has increased the price of just about everything, including buying a new home. For senior homeowners living in a home that no longer fits their needs, this is a serious problem. They have the option of selling their home and receiving an inflated return, but finding a new home when inventory is [...]

By |2024-03-15T16:10:43-06:00March 7th, 2024|Finance, Reverse Mortgage Information|Comments Off on Reverse Mortgages & Inflation

4 Decisions Senior Homeowners Need To Make When Getting a Reverse Mortgage

4 Decisions Senior Homeowners Need To Make When Getting a Reverse Mortgage (Click to Download) Many seniors are confused about reverse mortgages and if a reverse mortgage is the right choice for them. When they look on the internet, they see inaccurate and outdated information. As they ask their family, friends and neighbors, they have [...]

By |2023-10-12T18:27:41-06:00August 22nd, 2023|Finance, Reverse Mortgage Information|Comments Off on 4 Decisions Senior Homeowners Need To Make When Getting a Reverse Mortgage