by TMD_Admin | Jun 21, 2021 | Uncategorized
There are endless reasons why people choose to do a Reverse Mortgage, the death of a spouse is amongthe more common. This situation was one of the reasons I dedicated my career to doing ReverseMortgages exclusively. Scenarios like this confirmed for me that as a...
by Aubrey Christian | May 4, 2021 | Uncategorized
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...
by TMD_Admin | Apr 6, 2021 | Uncategorized
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...
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...