VIDEO: Reverse Mortgage Information — How You Can Use Your Reverse Mortgage Loan

Ever wonder how you can use a reverse mortgage to improve your quality of life? This video explores and explains the many ways you can use the money from your reverse mortgage loan. While there are many pros and cons to reverse mortgages, the most important consideration for you is probably whether or not you need (or want) additional funds for retirement. Find out if you can use your reverse mortgage money the way you hope to use it.  About the creator of this video — Project LEAF: The objective of Project LEAF is to explain complex retirement strategies in simple terms. How better to do that than have a grandchild put their own spin on it. We hope you’ll enjoy Episode 2: Reverse Mortgage Uses! Missed Episode 1, you can check it out here.

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5 Tips for Finding Great Reverse Mortgage Companies

Thorough planning helps you make the right decisions about a reverse mortgage. A reverse mortgage is a long-term commitment, and one that shouldn’t be entered into lightly. It’s not actually a true mortgage at all, but a loan against the equity that you have in your home. That difference alone is enough to show just […]

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Reverse Mortgages

Protect Your Retirement Savings from New Medicare Fees with a Reverse Mortgage

Earlier this year, Medicare introduced a new program framework that will make paying for certain coverage options more expensive in the future.  Covering these new surcharges would normally have to come out of other income or by drawing down your investments.  But, it doesn’t have to come out of pocket, or even out of your […]

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Reverse Mortgages

Reverse Mortgage Misconceptions

Over time, many people have developed misconceptions about reverse mortgages based on inaccurate media coverage. The truth is reverse mortgages have never been safer and they’re a viable retirement option when they are understood. Here are several common misconceptions about reverse mortgages as well as the truths behind them. Misconception: The bank (or government) owns your […]

February 4, 2014

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