Articles
Unlocking Financial Flexibility: Harnessing the Power of the HECM Line of Credit
Retirement is often seen as a period of fulfillment. Yet, many retirees encounter challenges such as ongoing mortgage payments, inadequate funds for unforeseen expenses like in-home care or a retirement … Continued
Read More >The Payout Options for Reverse Mortgage Loans Explained
Traditional home loans that enable borrowers to tap into their home equity are typically inflexible in how they provide funds to borrowers. In contrast, reverse mortgage loans offer various payout … Continued
Read More >10 Customer Stories: Real Reverse Mortgage Loan Experiences
Hear from ten real Fairway clients who benefited from a reverse mortgage loan!
Read More >Top 10 Reasons for Older Adults To Use a HECM for Purchase (H4P) Loan To Buy Their Next Home
Find out what a HECM for Purchase (H4P) loan is and how older adults can use it to buy their next home!
Read More >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 >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.
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