Author: Garrett Bonistalli
Unlocking Potential: Exploring the Top 10 Uses for Reverse Mortgage Loans
Find out what a reverse mortgage loan is and the most common uses, from home improvements to financing long-term care!
Read More >Innovative Ways to Fund Ballooning Long-Term Care Costs (Webinar Recording)
This webinar reveals the true cost of long-term care, the latest in long-term care funding solutions and innovative resources for caregivers
Read More >Get the Facts on Reverse Mortgage Loans (Webinar Recording)
In this webinar recording, we will discuss the advantages of using home equity to support aging in place, debunk common myths about reverse mortgages, and much more.
Read More >Mastering the Market Shift: How Home Equity Conversion Mortgage for Purchase (H4P) Loans Turn Challenges Into Opportunities for Loan Officers and Realtors
In a recent MBA Newslink article, John McMullen, Senior Policy Specialist at the Mortgage Bankers Association, revealed the transformative power of the H4P (Home Equity Conversion Mortgage for Purchase) loan … Continued
Read More >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.
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