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 | Oct 13, 2023 | Finance, Housing, Reverse Mortgage
Several factors determine how much money you can borrow through a reverse mortgage. Those factors include your age, the interest rate offered, the home’s value, and how much equity you have in the home. A reverse mortgage calculator will estimate how much money is... 
by Steve G | Sep 29, 2023 | Finance, Housing, Reverse Mortgage
Qualifying for a reverse mortgage requires far less documentation and fewer credit conditions than a forward mortgage. However, there are a few important requirements that must be met. Important Requirements: Borrowers in most states must be 55 years or older. Ages... 
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...
