Payments Optional

Payments Optional The original concept of the Reverse Mortgage has evolved over the last 50 years which was: “to create a mortgage loan product that allows seniors to tap into a portion of their home equity while they live in the home, which does not require a monthly...

Security & Uncertainty

Security & Uncertainty True Story. Talking recently to a friend and respected Financial Planner, we concluded the absolute worst possible time to retire was March of 2020. She had a client who had been planning to retire for over three years, and the week before the...

Basics of Reverse Mortgages (aka HECMs)

Basics of Reverse Mortgages (aka HECMs) What The Heck’s a HECM?Pronounced Heck-Em, a Home Equity Conversion Mortgage is a type of Reverse Mortgage loan that is insured through the Federal Housing Administration (FHA) and is used to covert your home’s equity into...

Rightsizing for Retirement

Rightsizing For Retirement One big myth about housing for Baby Boomers is that everyone wants to downsize in retirement…not true. According to research published by Merrill Lynch, 19% of retirees move into a similar sized home and 30% up-size to accommodate family,...

Retire in the Home You Love

Retire In The Home You Love Recent research found that 93% of people 65 and older want to stay in their own home, for the duration of their retirement years. It’s understandable that you would want to retire in the home you love, in the safety of the community you...