Author: Michael Bodner
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 >Enhanced Limit for the Home Equity Conversion Mortgage (HECM) Loan in 2024!
Discover the updated HECM loan limits for 2024. 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 >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 >Aging at Home Vs. Other Living Options
Where you live in retirement influences so many aspects of your life, and there is a wide spectrum of potential living options to consider. Read on for insights on what could work best for you in this phase of your life.
Read More >QUIZ: Is a Reverse Mortgage Loan Right for You?
Today’s reverse mortgage loans are an excellent solution for many seniors. Take this quiz to find out if one could be right for you!
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