Reverse Mortgage – How Much More Can You Qualify for Now?

Interest rates have fallen and that means that most reverse mortgage borrowers now qualify for more money. (And, you pay less in interest.) Get a new estimate of your reverse mortgage loan amount right now! All the great benefits of the loans still apply: 1. You still own your home: A reverse mortgage is just a different kind of home equity loan. 2. Money can be used for any purpose: Keep it as a home equity line of credit to limit interest charges or spend however you like. 3. No monthly payments: Eliminate monthly mortgage payments to improve your cash flow. Instantly estimate your NEW Reverse Mortgage loan amount with the Reverse Mortgage Calculator.

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Reverse Mortgages

Should You Tell Family or Heirs About Your Decision to Get a Reverse Mortgage?

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 […]

March 17, 2021
Reverse Mortgages

The New Reverse Mortgage: This is Not a Loan of Last Resort

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 […]

January 21, 2021

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