Category Archives: Retirement

Trading Home Equity for Cash

In this near-frozen credit environment potential borrowers still find most home mortgages tough to get; a major exception is reverse mortgages.  Available for homeowners over 62 years of age, reverse mortgages have been representing a growing market for the past … Continue reading

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Planning to Move? Reverse Mortgage May not Be a Good Idea

Reverse mortgages can be a useful tool for seniors who need extra income. But for someone who doesn’t plan to live in her home for long, a reverse mortgage could be mistake. Here’s why according to a recent US News … Continue reading
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Reverse Mortgage Home Purchase Loans Creates New Retirement Options for Seniors who Plan on Buying New Homes

The Home Ownership and Economic Recovery Act of 2008 made many considerable improvements to the Government regulated and insured Home Equity Conversion Mortgage or HECM reverse mortgage. A higher national loan limit and more safeguards captured all of the early … Continue reading
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Posted in Retirement, Reverse Mortgage Benefits, Reverse Mortgage News, Senior Income | Leave a comment