Author: Garrett Bonistalli
9 Consumer Safeguards: Why Today’s Reverse Mortgage Loans Are a Secure Choice
Over the years, reverse mortgage loans have faced scrutiny, especially given their focus on older, more vulnerable populations. However, these loans have evolved significantly since their inception in the 1980s. … Continued
Read More >Reverse Mortgage Loans and Home Repairs: Key Insights
Reverse mortgage loans allow older homeowners to access their home equity while postponing repayment of the loan balance well into the future, typically until the last homeowner passes away or … Continued
Read More >Unveiling the Value: How Mortgage Insurance Enhances Reverse Mortgage Loans
Although reverse mortgage insurance premiums (MIPs) increase loan costs, they deliver significant value. Unlike mortgage insurance required for forward Federal Housing Administration (FHA) loans, which primarily protects lenders and assists … Continued
Read More >62+ Homebuyers: The Powerful Secret for Funding Your Dream Home
High mortgage rates, limited inventory and dwindling affordability push many homebuyers to the sidelines. If you're 62 or older and feel your dream home is out of reach, consider a … Continued
Read More >Debunking the Top 15 Reverse Mortgage Loan Myths
A reverse mortgage is a unique home loan that allows older homeowners to access their home equity while deferring repayment until they move, sell or pass away. Although monthly mortgage … Continued
Read More >Unlocking Financial Flexibility: Harnessing the Power of the HECM Line of Credit
Retirement is often seen as a period of fulfillment. Yet, many retirees encounter challenges such as ongoing mortgage payments, inadequate funds for unforeseen expenses like in-home care or a retirement … Continued
Read More >The Payout Options for Reverse Mortgage Loans Explained
Traditional home loans that enable borrowers to tap into their home equity are typically inflexible in how they provide funds to borrowers. In contrast, reverse mortgage loans offer various payout … Continued
Read More >10 Customer Stories: Real Reverse Mortgage Loan Experiences
Hear from ten real Fairway clients who benefited from a reverse mortgage loan!
Read More >Everything You Need To Know About Today’s Reverse Mortgage Loans (Webinar Recording)
In this webinar, Fairway SVPs Josh Kilty and Genie McGee discuss the essentials of reverse mortgage loans, highlighting their benefits and answering common questions.
Read More >Top 10 Reasons for Older Adults To Use a HECM for Purchase (H4P) Loan To Buy Their Next Home
Find out what a HECM for Purchase (H4P) loan is and how older adults can use it to buy their next home!
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