Let’s face it retirement has changed. We are living longer in retirement than we ever anticipated, forcing us to stretch our dollar further than we imagined. So why not leverage the single largest asset in your portfolio as a source of retirement income? When you reach retirement age, your home typically represents 30-80% of your […]
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Entries by Chad Peck
What is a Reverse Mortgage and how does it work? What are the characteristics of a Reverse Mortgage that make it so unique? Watch this video to learn more about the difference between a traditional Home Equity line of credit and a Reverse Mortgage: Simplifying Reverse Mortgages A Reverse Mortgage is just a mortgage loan. […]
Today, older Americans face a great deal of uncertainty as they move through their retirement. With rising healthcare costs, a volatile stock market and ongoing mortgage and credit debt, it’s not surprising that 87% of Baby Boomers are not very confident that they will retire in a comfortable lifestyle. Many are afraid that their savings […]
You can gain many advantages by taking a Reverse Mortgage, but you need to understand how it works in rder to determine if it is the right option for you. What is a Reverse Mortgage? A Reverse Mortgage is a unique loan program specifically designed to assist in improving retirement income and monthly cash flow […]
Reverse Mortgages continue to grow in Popularity. The Baby Boomers are all retiring and they have an immense amount of wealth tied up in their home. Home values are at all time highs. The baby boomers are retiring at a rapid pace today. It is said that 10,000 baby boomers are turning 65 each day. […]