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How to Establish a Put on Your Home

How to Establish a Put on Your Home

How many of you would have loved to have had an affordable means of effectively purchasing a Put Option on your primary residence insured by the US Government prior, or even during, the housing crisis? This is what a Reverse Mortgage provides for eligible

Mar 08, 2024 | Reverse Mortgage home equity access reverse credit line Seniors lifetime income with a Reverse

HECM Reverse Mortgage Lending Limit increased to $822,375

HECM Reverse Mortgage Lending Limit increased to $822,375

What does this mean for you?  A higher limit will accommodate higher home prices and allow for higher home equity access across the board for all eligible age groups going forward. Higher equity access means the HECM has become a more flexible tool for re

Jan 26, 2021 | 2021 Changes HECM Changes HECM Reverse Mortgage Eligibility for Reverse Mortgage Seniors Reverse Mortgage reverse credit line Age in Place

Create your own Safe, Cost Effective Government-Insured Annuity today

Create your own Safe, Cost Effective Government-Insured Annuity today

When we hear the annuity pitch it starts out like this:  Put a lump sum down in your early fifties and when you turn 65 you will begin to receive monthly payments.  How much will I receive per month? Well that depends on the index, like the S &a

Jul 18, 2016 | supplemental retirement income Retirement Planning Seniors reverse credit line Reverse Mortgage HECM Reverse Mortgage Annuity Government insured mortgage lifetime income with a Reverse

Why a Reverse Mortgage Could Be Right for You

If you’re short on cash in retirement but do have equity in your home, you might want to get a reverse mortgage, says Jane Bryant Quinn, author of How to Make Your Money Last: The Indispensable Retirement Guide. New rules for reverse mortgages have

May 18, 2016 | Seniors Reverse Mortgage Retirement Planning Retirement security reverse credit line HECM Reverse Mortgage Financial Assessments

5 Ways a HECM Reverse Mortgage Can Ease the Retirement of Homeowners

Nice article on the benefits and practical applications of a government insured Reverse Mortgage that are simple and easy to understand.  The problem today is that very few people want to plan.  Most people prefer to seek out a Reverse Mortgage

Mar 25, 2016 | Reverse Mortgage HECM Reverse Mortgage supplemental retirement income Seniors Retirement security Retirement Planning reverse credit line

Can a reverse mortgage replace a pension?

Good article below. A diversified base of income in retirement is important.  The three legged stool analogy is a great illustration for balance.  Why be dependent just on one or two sources of income and potentially worry? This is the insecurit

Feb 02, 2016 | Retirement Planning supplemental retirement income HECM Reverse Mortgage Financial Planning reverse credit line

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