Posts Tagged ‘reverse mortgage’
The NEW Reverse Mortgage | Better, Safer, Life Changing
The NEW Reverse Mortgage Better, Safer, Life Changing. Here’s the story of a pretty typical retiring American. This lovely couple came to me after trying to get approved by numerous lenders. They did what many loving parents did. They used their life savings to help their children start a business. As the business failed they…
Read MoreHow a reverse mortgage helped a senior purchase a home
How a reverse mortgage helped an 84-year-old retired schoolteacher purchase a home even with horrible credit. She needed to sell her existing larger home so she could move closer to her grandchildren and save the expense of a large home. Many seniors try to help their adult children by cosigning credit accounts with them. Unfortunately,…
Read MoreReverse Mortgages are changing effective October 2, 2017
Reverse Mortgages are changing effective October 2, 2017. The Trump administration is planning to raise premiums and place tighter loan limits on some borrowers in a mortgage program that helps seniors supplement their incomes. This Wall Street Journal article indicates that HUD says the program needs a sounder financial footing. The bad news is that…
Read MoreThe New Reverse Mortgage | What you need to know Seminar
Residents of Dallas, Plano, McKinney, Frisco – and those who live in the surrounding areas: you have the opportunity to learn about the reverse mortgage program at an in-person seminar on, September 13th from 10:30 a.m. until 1 p.m. [icon name=”arrow-right” class=”” unprefixed_class=””]Did you know that with an FHA insured reverse mortgage that you or…
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