Reverse Mortgage Blog

What does "Maximum Claim Amount Mean"?

October 1, 2019
How is the amount of money a senior receives from a reverse loan calculated?

Condos and Reverse Loans

August 27, 2019
Effective October 15th. it will now be possible to use an FHA loan in all Condominuim projects, effectively allowing seniors to use a reverse mortgage for increased cash flow.

No Costs Reverse Loans

August 2, 2019
Is it possible to get a reverse mortgage without paying fees?

How is the Money for a Reverse Loan Calculated

July 11, 2019
No one other that those of us in the Reverse Loan industry understand how the loan is calculated. Just how is it done?

What is MIP?

June 4, 2019
All FHA loans are insured by the federal government and that includes reverse loans as well.

Income from Social Security

May 23, 2019
Is it possible to live on Social Security or is that unlikely?

Are You Waiting?

May 23, 2019
Sometimes when faced making a decision, we vacilate, stall, "put-it-off" and in the end, there is a cost to us,.

How Expensive Are Caregivers

May 7, 2019
The costs associated with hiring a professional Caregiver can be very expensive.

Why use a reverse mortgage loan?

April 23, 2019
There are many reasons why seniors would consider using a reverse mortgage to increase their cash flow.

Fees for a Reverse Loan

April 17, 2019
Are reverse loans expensive compared to a traditional mortgage?

How to Pay for Caregiving Expenses

April 10, 2019
More often than not, seniors and their adult children cannot afford to pay for professional caregivers.

Are Reverse Loans a Scam?

April 4, 2019
Some people think they are terrible and others feel that they are great!

Reasons for Using a Reverse Mortgage

March 20, 2019
There are many reasons for seniors using a reverse loan

Power of Attorney

March 2, 2019
This legal document is needed in the event you are unable to legally represent yourself if you can no longer do so.

Social Security and Life

February 20, 2019
Funds to seniors were increased in 2019.

Documentation for a Reverse Loan

February 14, 2019
What a Borrower Needs to Provide at Loan Applcation
About my blog
I have been sharing information on my personal blog for over ten years about reverse loans and in the last 17 years since I have been a Reverse Loan Consultant, I have experienced multiple changes in ...
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