by Steve G | Dec 1, 2023 | Finance, Retirement, Reverse Mortgage
A reverse mortgage can be an important part of retirement planning for wealthy retirees that have a substantial amount of home equity. It is a financial product that allows you to access part of the equity in your home while you are still living in it. This is equity...
by Steve G | Jun 7, 2023 | Finance, Housing
Content contributed by Choose Reverse, NRMLA, Statista, Longbridge and FHA: Baby Boomers are sitting on trillions in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA). These homeowners are seeking different retirement solutions to...
by Steve G | Jun 1, 2023 | Finance, Housing, Reverse Mortgage
By Matt Egan, CNN: Updated 2:07 PM EDT, Thu May 25, 2023, Image by: gpointstudio/iStockphoto/Getty Images/FILE CNN — In the latest sign of economic pessimism, Americans are growing increasingly concerned they won’t be able to retire comfortably, according to a...
by Steve G | May 16, 2023 | Reverse Mortgage
From an article by Aly Yale. Updated on May 16, 2023 / Getty Images/iStockphoto / CBS News – There are multiple benefits to taking out a reverse mortgage. A reverse mortgage is a type of loan that pays you. Unlike a traditional mortgage, which requires you to...