Author: Shaun Davis
What Is A Reverse Mortgage Loan?
A reverse mortgage is a loan that allows homeowners 62 and older to convert a portion of their home equity into cash and defer repayment until they pass away, sell the home, or move out of the home.
Read More >How a Reverse Mortgage Loan Can Help in a Silver Divorce
A reverse mortgage in a divorce makes it easier to divide assets and prevents having to deal with common mortgage issues.
Read More >Debunking Reverse Mortgage Myths: Get the Facts
If you ask people what they think about reverse mortgages, you are sure to get some strong opinions. Unfortunately, many people form those opinions based on misconceptions about the way reverse mortgages work.
Read More >Reverse Mortgage Ownership and Title
One thing to consider with all mortgages, including the reverse mortgage loan, is how ownership of the property is structured. In most instances, the property title is held either fee simple … Continued
Read More >Today's Reverse Mortgage Loans Are an Appealing Opportunity
“HECMs” Are Highly Regulated for Consumer Protections Did you know that reverse mortgage loans now have extremely strong consumer protections, including federal insurance? “HECM” stands for Home Equity Conversion Mortgage, … Continued
Read More >How a Reverse Mortgage Loan Could Help Protect You and Your Home in Uncertain Times
Can you protect something? Maybe your home? Do you remember in 2008 what had happened before and after the housing market bubble? The market was going up, home values were … Continued
Read More >Three Buckets of Retirement Income
The Sacred Cow of Home Equity Many people feel that paying off their home and having no mortgage with lots of equity is the Holy Grail of retirement. Several people … Continued
Read More >Planning for Your Retirement With a Reverse Mortgage Loan
Planning your retirement can be a lot like preparing for your wedding day. Many thoughts are going through your mind. Do we have enough money to afford this? Is now … Continued
Read More >Reverse Mortgages and Home Equity Vs. Cash in Retirement
Let’s talk about one of the most confusing aspects of a reverse mortgage loan- home equity. Most people are concerned about the equity in their homes, and too often, they … Continued
Read More >When Should I Wait To Get A Reverse Mortgage Loan?
Many people think that they should wait until they’re older before getting a reverse mortgage loan because, generally, you can get a little more money as you get older. But … Continued
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