Independent Reverse Mortgage Counseling: What You Need to Know

Why is it required? What does it do for you? Getting a Reverse Mortgage loan is an important financial decision and requires careful consideration. By speaking with an independent counselor, you can be sure that all of your questions are answered and that have the information you need to make the reverse mortgage decisions that […]

How Home Equity Can Help You Stay at Home

A reverse mortgage can offer access to the funds you need to “age in place.” The AARP conducted a survey asking people age 45 and older about their homes and communities. An overwhelming 88% said that they wanted to remain in their current home for as long as possible.1 The reasons why should come as […]

How Can You Cover Rising Health Costs on a Fixed Budget?

A reverse mortgage can create a source of funds to help pay for healthcare in retirement. Healthcare costs continue to increase at a staggering pace. Recent estimates put the total cost of healthcare in retirement, for a couple age 65, at more than $250,000.1 This applies to older adults with traditional Medicare insurance coverage and […]

Five Unique Benefits of a Reverse Mortgage

What’s the key to a secure retirement? It may be the one that opens your front door. Times have changed for retirees. For many, the classic “three-legged stool” of retirement funding (Social Security, pensions, and savings) is no longer enough to pay for the kind of retirement lifestyle they’d like to live. That’s why today, […]

Reverse Mortgage Myths – A Closer Look At Common Misconceptions

The Home Equity Conversion Mortgage or HECM (heck´um), commonly known as a Reverse Mortgage, is a safe and increasingly common retirement income tool that can effectively improve cash flow and portfolio longevity. Despite its growth in popularity, there still remains many misconceptions about the program that distract from the sense of security a reverse mortgage […]