Heritage Reverse Mortgage Blog

Also, feel free to contact us, or give us a visit here

Who owns my home with a Reverse Mortgage?

Who owns my home with a Reverse Mortgage?

With a Reverse Mortgage, you own your home. Then the bank allows you to use the equity in your home to live better but you are always free to sell or refinance the home. Then when you pass away your heirs will still inherit the home and any remaining Equity.

Most Common Reverse Mortgage Scenarios

Most Common Reverse Mortgage Scenarios

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 solid...

HECM Reverse Change – LIBOR vs. CMT

HECM Reverse Change – LIBOR vs. CMT

If you have a Reverse Mortgage or are thinking of getting one then a HECM Reverse Change issomething you keep an eye on. https://www.youtube.com/embed/e9o_F2YZCBU Every year around the end of September and again in December FHA/HUD likes to surprise the HECMReverse...

Basic Requirements for a HECM Reverse Mortgage

Basic Requirements for a HECM Reverse Mortgage

What are the basic requirements for a HECM Reverse Mortgage? https://youtu.be/MWZsyHz1qzo There are five basic requirements for a HECM Reverse Mortgage: Age - One borrower must be 62 or olderUse - The home must be the primary residenceEquity - There must be sufficient...

How do HECM Reverse Mortgages Work?

How do HECM Reverse Mortgages Work?

https://youtu.be/GkTgDNPfvRE How Do HECM Reverse Mortgages Work? The Mechanics of how HECM Reverse Mortgages work is more simple than you?ve been led to believe. When you understand the truth about the HECM Reverse Mortgage it will seem a lot less scary. To help,...

Growing Demand for Reverse Mortgages

Growing Demand for Reverse Mortgages

https://youtu.be/0xceMKFb5Oc The Growing Demand for Reverse Mortgages You've probably noticed the demand for Reverse Mortgages is growing. More and more of your friends and neighbors are considering this as a great solution for their financial goals. I see the demand...

History of Reverse Mortgages

History of Reverse Mortgages

https://youtu.be/a4hYHQ5tzPk I know you've heard all the negativities about the history of Reverse Mortgages. And rightfully so, Reverse Mortgages have a rough past. To me, the program resembles the growth and evolution of human growth from infancy to adulthood. Let...

Reverse Mortgage Specialist: Oregon

Reverse Mortgage Specialist: Oregon

Reverse Mortgage Specialist: Oregon I am excited to announce that we've just finished licensing Heritage Reverse Mortgage in the State of Oregon. Of course, we specialize in Reverse Mortgages but we offer most products including VA, FHA, Conventional, Jumbo, and USDA....