Guide to Reverse Mortgage Statements

Guide to Reverse Mortgage Statements

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...
Interest Rates are Rising, Last call to Refinance

Interest Rates are Rising, Last call to Refinance

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...
HECM Reverse Change – LIBOR vs. CMT

HECM Reverse Change – LIBOR vs. CMT

If you have a Reverse Mortgage or are thinking of getting one then a HECM Reverse Change issomething you keep an eye on. Every year around the end of September and again in December FHA/HUD likes to surprise the HECMReverse Mortgage industry with changes. Sometimes...