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Reverse Mortgage Blog

How to Refinance a Reverse Loan

June 30, 2021
Is it possible to refinance a reverse mortgage and reduce an interest rate and receive more of a home's equity?

Reverse Mortgage Loan Application

February 19, 2021
How does someone apply for a reverse loan and what is the application and process like?

New HUD Lending Limits

January 27, 2021
The increase in the Lending Limits for reverse mortgages, means more money for a Senior borrower.

Fixed or Adjustable Interest Rates

November 11, 2020
Reveres loan offer both Fixed and ARM Loans

Seniors and Natural Disasters

September 16, 2020
The pandemic and wildfires effect everyone, but especially seniors. How can they be prepared for them and what can they do?

How to Buy a Home With a Reverse Mortgage

August 28, 2020
Many seniors are using money from a reverse mortgage to buy a home. How do they start?

Reverse Loan Foreclosures

July 31, 2020
Can a reverse loan be foreclosed upon? How could something like that possibly happen?

Senior Homeowners

July 1, 2020
The amount of equity seniors retain in their homes, is over $ 7 trillion dollars

Running out of Money?

June 3, 2020
Many seniors are very concerned about how much money they have to pay bills and now during the Covid-19 crisis, there is an additional layer of fear.

Seniors and Covid-19 Virus and Money

April 3, 2020
Many seniors have seen their life savings vanish in the last month due to the Corona virus.

California Reverse Mortgages

February 21, 2020
California has some of the most expensive property in the country and sometimes the FHA HECM does not provide enough access to a senior's equity. What other options would they have?

Reverse Loan Money Options

January 21, 2020
Unlike a traditional Line-of-Credit funds, a Reverse Mortgage allows seniors three options when requesting money from their account

Confused About Reverse Mortgages

January 7, 2020
If you are confused about reverse loans, you aren't alone. Even professionals don't understand them.

More Money in Reverse Loans

December 12, 2019
HUD recently increased the Lending Limits on the FHA reverse mortgage.

FHA Approved Condos

November 8, 2019
Seniors quite often live in a Condo, but if the project isn't approved with FHA, they will not qualify for a reverse loan.

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 15 years about reverse loans and in the last 17 years since I have been a Reverse Loan Consultant, I have experienced multiple changes in t...
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