by Trevor Carlson | Jul 21, 2021 | Uncategorized
A Home Remodel is another very common reason for doing a Reverse Mortgage. As of today, in 2021 the housing market is on fire. Home prices are soaring which is fantastic for anyone who wants to sell a home but the problem is in replacing the home. Even though homes...
by Trevor Carlson | Jun 21, 2021 | Uncategorized
There are endless reasons why people choose to do a Reverse Mortgage, the death of a spouse is amongthe more common. This situation was one of the reasons I dedicated my career to doing ReverseMortgages exclusively. Scenarios like this confirmed for me that as a...
by Aubrey | May 4, 2021 | Uncategorized
Understanding a HECM Reverse Mortgage Statement Reverse Mortgage Statements are kind of difficult to understand. They are different from normal mortgage statements and they normally use different terminologies which can confuse most people. Guide to your HECM Reverse...
by Aubrey | Apr 6, 2021 | Uncategorized
Interest rates are rising fast. The Year 2020 was a real nightmare for most people but the one silver lining is that we’ve experienced record low interest rates for almost a year. Unfortunately, inflation is starting to catch up with us, which means interest rates are...
by Trevor Carlson | Mar 11, 2021 | Uncategorized
Can I inherit a home with a Reverse Mortgage? Answer: Of course, IF you’re the heir. The False myths about Reverse Mortgages lead most people to believe that the bank will always get the home when a Reverse Mortgage is done. This is not true but its origins give...
by Trevor Carlson | Mar 3, 2021 | Uncategorized
How Long does a Reverse Mortgage Last? Answer: As long as you need it too. Age Limit Technically speaking a Reverse Mortgage is guaranteed by HUD/FHA until age 150 of the youngest Borrower. But because that number is still so far above current life expectancy the real...
