by TMD_Admin | 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 TMD_Admin | Apr 8, 2020 | Uncategorized
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, let?s compare a Reverse Mortgage...
by TMD_Admin | Dec 20, 2018 | Best Cities in Utah
North Ogden: One of Utah’s Best Cities Our Company I specialize in Home Equity Conversion Mortgages, aka HECMs or Reverse Mortgages as they’re also called. I opened my mortgage brokerage in 2016 and named it Heritage Home Loans, dba Heritage Reverse...
by TMD_Admin | Oct 26, 2017 | Uncategorized
HECM Reverse Mortgages After October 2, 2017 It”s been three weeks since FHA/HUD’s overhaul of the Reverse Mortgage program on October 2, 2017. When the changes were first announced in late August my first reaction was that they would turn out to be a good...
by TMD_Admin | Aug 24, 2017 | General Reverse Mortgage Info
Your kids don’t want your house. I know it might hurt to hear, but your kids don’t want your house. Historically inheritances have been a sign of honor and birthright. Kids would live with or near parents most of their lives then take over the family...
