by Alesha Reynolds | Dec 29, 2021 | Uncategorized
A downsize with a Reverse Mortgage could be an excellent option to live better in retirement. Life Happens It’s amazing how dramatically life can change from year to year. My wife and I have six kids all under 12. I can see already that our housing needs are going to...
by Alesha Reynolds | Dec 20, 2021 | Uncategorized
The Mechanics of a Reverse Mortgage require Equity Reserves to protect the homeowner, bank, and FHA. Mechanics Reverse Mortgages are negative amortization loans. Therefore, if payments are not made, the balance of the mortgage will increase. This happens because the...
by Alesha Reynolds | Dec 9, 2021 | Uncategorized
Occasionally our clients face what’s called Appraisal Required repairs. Because FHA insures the majority of Reverse Mortgages they get to determine what is an acceptable condition of a property. Occasionally as part of the appraisal process, we identify certain...
by Alesha Reynolds | Nov 29, 2021 | Uncategorized
Reverse Mortgage Interest Rates are a little different from standard Mortgage Interest Rates. The idea is essentially the same but how the reverse mortgage interest rate affects the loan is pretty unique. Understanding these differences can have a big impact on how...
by Alesha Reynolds | Nov 19, 2021 | Uncategorized
We are so excited to announce the recent licensing of Heritage Reverse Mortgage in Texas. (Link 3) Serving more people in Texas Our past clients often refer friends and family to us. A Reverse Mortgage is a life-changing event. Therefore, it’s something people...
by Alesha Reynolds | Nov 9, 2021 | Uncategorized
Serving More People in California A Reverse Mortgage is a life-changing event. Our past clients often refer friends and family to us. Therefore, it’s something people want to share with those they care about. Our clients know from experience that we’ll take care...
