Author: Garrett Bonistalli
Jumbo Reverse Mortgage Loans: What You Need to Know
A jumbo reverse mortgage enables borrowers to access more equity in a high-value property than they would otherwise get with a traditional HECM. Here's what you need to know.
Read More >5 Pros and Cons of Buying Your Next Home With a Reverse Mortgage Loan
Historically, there have been two ways to purchase a new home: paying all cash or taking out a mortgage that requires monthly principal and interest payments. However, for homebuyers 62 and over, there’s a third option that offers the best of both worlds: a Home Equity Conversion Mortgage for Purchase (H4P) loan.
Read More >Tapping Housing Wealth To Help Fund Long-Term Care
Adequate health coverage and planning for long-term care is critical for seniors. And housing wealth is poised to play a key role for seniors' care needs.
Read More >Advantages of a Reverse Mortgage Loan vs. a HELOC and a Home Equity Loan
For homeowners aged 62+, a Home Equity Conversion Mortgage (HECM, commonly called a reverse mortgage) loan offers some distinct advantages over other types of home-equity-release loans.
Read More >What Are the Costs of a Reverse Mortgage Loan?
In this article, we’ll cover what a HECM reverse mortgage loan is, the typical upfront and ongoing costs and whether those costs are worth it for you.
Read More >How Seniors Could Double Their Home Buying Power — Despite High Interest Rates
Despite high interest rates, an H4P can double your buying power and allow you to keep more of your retirement assets to use as you wish.
Read More >Top 15 Reverse Mortgage Loan Questions Answered
Today’s reverse mortgage loans are not the same as they were even a decade ago. Here are answers to the top reverse mortgage questions.
Read More >Top 5 Benefits of Owning a Dog During Retirement
Whether you're an active senior looking for a walking buddy or a retiree wanting some companionship, a dog can be the perfect addition to your retirement.
Read More >What is a Life Expectancy Set-Aside (LESA) for a Reverse Mortgage Loan?
Learn what life expectancy set-aside (LESA) is, how it helps a borrower to pay property charges, when it's required, and its benefits.
Read More >The Ultimate Checklist for Choosing Your Medicare Advantage Plan
If you’re shopping around for a Medicare Advantage plan this year, you may be wondering what the best plan is for you. Here are the options.
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