by Trevor Carlson | Feb 5, 2021 | Uncategorized
Who owns my home with a Reverse Mortgage? The quick answer is, you do. There is a false conception that if you do a Reverse Mortgage you are giving your home to the bank and the bank is letting you live in it for the rest of your life. Fortunately, this is not...
by Trevor Carlson | Jan 21, 2021 | Uncategorized
There are many reasons people do Reverse Mortgages but today’s article shows the most common Reverse Mortgage Scenarios. Depending on your situation a Reverse mortgage could be an absolute life changer. Or it may just provide nominal improvement to your already...
by Trevor Carlson | Oct 29, 2020 | Uncategorized
If you have a Reverse Mortgage or are thinking of getting one then a HECM Reverse Change issomething you keep an eye on. Every year around the end of September and again in December FHA/HUD likes to surprise the HECMReverse Mortgage industry with changes. Sometimes...
by Trevor Carlson | Sep 22, 2020 | Uncategorized
With Reverse Mortgages you have two basic loan options. The options are the Traditional Fixed Rate Reverse Mortgage or the Growth Line of Credit. Both have pros and cons and the right choice really depends on your specific situation. General HECM Benefits: Regardless...
by Trevor Carlson | May 27, 2020 | Uncategorized
What happens to my Reverse Mortgage and Heirs when I die? This is a question I get from almost all of my clients. This is partly because they want to know how the heirs will be affected but they’ve also heard some negative stories about the old Reverse Mortgage...
