Author: Michael Bodner
Enhanced Limit for the Home Equity Conversion Mortgage (HECM) Loan in 2025!
Discover the expected updated HECM loan limits for 2025. This featured image captures the essence of the new financial thresholds set for Home Equity Conversion Mortgages, reflecting significant changes beneficial for homeowners. Dive into our detailed analysis to understand how these revised limits could impact your mortgage planning.
Read More >Unlock Growth: A Tailored Loan Solution for Real Estate Pros To Boost Business With Senior Homebuyers
With substantial home equity at their disposal, baby boomers are well-positioned to fund their next home purchase. Learn about a unique loan for 62+ homeowners that blends the benefits of cash purchases and traditional financing, making it easier for seniors to buy the home they want.
Read More >Fairway Mortgage Named to CNBC, Money.com, and CNN Best Reverse Mortgage Lenders Lists
MADISON, WI, August 9, 2024 / -- Fairway Independent Mortgage Corporation, named #1 for customer satisfaction among mortgage origination companies in the J.D. Power 2023 U.S. Mortgage Origination Satisfaction Study, … Continued
Read More >Reverse Mortgage Loans: Information for Adult Children
Whether it’s surging living costs, healthcare expenses or insurance premiums, adult children are anxious about their parents’ economic stability, with nearly one-third expressing concern for their parents’ financial situation. Adult … Continued
Read More >Customer Testimonial: How a Reverse Mortgage Loan With Fairway Made Great Retirements Even Better
This video shows short clips of real customers sharing their experiences with reverse mortgage loans. Although each of the homeowners has unique circumstances, they all shared something in common—their reverse … Continued
Read More >The Reverse Mortgage Loan Process: From Education Through Closing
Explore the journey of securing a reverse mortgage with our guide, detailing the 10 essential steps from initial education to the final closing. This article provides a clear roadmap for homeowners over 62, helping you confidently leverage your home equity for a comfortable retirement.
Read More >Debt Consolidation With Home Equity Conversion Mortgage (HECM) Loans: The Senior Homeowners' Best Kept Secret
For homeowners 62 and older, the Home Equity Conversion Mortgage (HECM) could help consolidate debt while increasing monthly cash flow.
Read More >A Home Equity Conversion Mortgage (HECM) Loan vs. a Cash-Out Refinance: What Are the Advantages?
Two common home refinance options that double as home-equity-release loans are a traditional cash-out refinance and a HECM. Here's what you need to know about both.
Read More >The Benefits of Home Equity Conversion Mortgage (HECM) Loans for Home Improvement
If you’re a homeowner 62 or older, you might be sitting on a significant amount of untapped home equity you can use to finance essential home updates, repairs or even major renovations.
Read More >Customer Testimonial: Homeowners Find More Fun, Freedom and Family Time With a Reverse Mortgage Loan
Susan and Jim Arnold are a retired couple living in Morro Bay, California. They took out a reverse mortgage loan to have more financial freedom and fun in retirement.
Read More >