by TMD_Admin | Feb 17, 2021 | Uncategorized
What is a HECM Refinance? AKA a HECM to HECM Refinance? Most people don’t know that a Reverse Mortgage can be refinanced. A Reverse Mortgage is like any other mortgage. If we can improve the terms of a Reverse Mortgage we can refinance it. Why Refinance a HECM?...
by TMD_Admin | Feb 11, 2021 | Uncategorized
How does a HECM Loan Work? Answer: Just like your conventional mortgage but with no payments. Misconceptions: People tend to fear what they don’t understand. Reverse Mortgages often get a bad rap because people think they are more complicated than they really...
by TMD_Admin | 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 TMD_Admin | Jan 17, 2020 | Uncategorized
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 me explain. Reverse...
by TMD_Admin | Dec 5, 2019 | Uncategorized
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...