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 | Jul 21, 2021 | Uncategorized
A Home Remodel is another very common reason for doing a Reverse Mortgage. As of today, in 2021 the housing market is on fire. Home prices are soaring which is fantastic for anyone who wants to sell a home but the problem is in replacing the home. Even though homes...
by TMD_Admin | Feb 5, 2021 | Uncategorized
Who owns my home with a Reverse Mortgage? In short, you do. There is a false conception that if you do a Reverse Mortgage you are giving your home to the bank and the bank is letting you live in it for the rest of your life. Fortunately, this is not true. A...
by TMD_Admin | Oct 29, 2020 | Uncategorized
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...
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...
