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. […]
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Entries by Chad Peck
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. […]
There are many misconceptions about Reverse Mortgages and how they work. If you’ve heard negative stories or myths—and have concerns—you are not alone. Most of our Reverse Mortgage clients started where you are, but have taken time to learn the truth, and the real benefits of this retirement planning option. We want to help you […]