How Modern Reverse Mortgages are Used

How Modern Reverse Mortgages are Used

Over the past decade we have assisted numerous reverse mortgage borrowers and have seen a pattern of how the funds are being used.  If you’ve read prior blogs on this type of home loan, you already know that funds from a reverse mortgage can be accessed in many ways. ...
What Makes Modern Reverse Mortgages Popular?

What Makes Modern Reverse Mortgages Popular?

Modern Reverse Mortgages are one of the fastest growing segments in home lending. These types of mortgages allow most homeowners who are at least 55 years old to borrow against their home equity to get cash or a line of credit from a lender. Unlike a traditional...
Flex vs. Reverse

Flex vs. Reverse

Modern reverse mortgages are a type of loan that allows most homeowners who are at least 55 years old to borrow against their home equity. Unlike a regular forward mortgage, monthly loan payments are completely optional. Simply put, you have the flexibility to treat...