by TMD_Admin | Jan 21, 2021 | Uncategorized
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...
by TMD_Admin | May 24, 2019 | General Reverse Mortgage Info
Why are HECM Reverse Mortgages becoming so Popular? More and more I’m having conversations with people who ask me why Reverse Mortgages have become so popular. They hear about HECMs on TV and the radio. Their friends and neighbors are doing Reverse Mortgages and...
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 | Sep 14, 2017 | General Reverse Mortgage Info, Reverse Mortgage Product Details
Reverse Mortgage Changes on Oct 2nd?? The Pros and Cons The Department of Housing and Urban Development (HUD) oversees FHA and subsequently Reverse Mortgages. They announced late in August that the Home Equity Conversion Mortgage AKA HECM/Reverse Mortgages will be...