Bjornson Team Blog2019-08-05T07:10:31-08:00

The Top MYTHS And MISUNDERSTANDING of Reverse Mortgages

By |September 27th, 2019|

Why is there so much anxiety and so many concerns voiced about reverse mortgages from friends, relatives, and the media? It is very simple. In the beginning, before HUD and FHA were involved in the program, some private reverse mortgages [...]

Safe and Secure

By |September 6th, 2019|

Just a quick note to let you know how I can help you or anyone you might refer to me.  Recently I received a call from Bob, a gentleman who wanted to purchase a condo for his adult daughter. She [...]

Advantages of Using a Reverse Mortgage Line of Credit

By |August 21st, 2019|

Your financial advisor may encourage you to have a line of credit for unexpected (or planned) purchases or shortfalls in cash flow. However, a HECM reverse mortgage has a clear-cut advantage over the traditional credit line, in that it has [...]

Bi-weekly Payments?

By |August 16th, 2019|

I had a client the other day who received an advertisement in the mail that looked like it came from my office, but it turned out that it was marketing material from an out of state company!   I am [...]

Refinancing 

By |July 12th, 2019|

It can be really confusing seeing all the advertisement on refinancing, and perhaps many people wonder if it would make sense.  A lot of people have low mortgage rates, however, refinancing is not just about lowering your mortgage rate. [...]

Reverse Mortgage Survivability 

By |July 12th, 2019|

Harold Evensky, Professor- Texas Tech University  Monte Carlo Studies - Reverse Mortgage - Survivability  It has come to my attention that a lot of financial planners missed the ground-breaking study regarding reverse mortgages that was published in the Journal [...]

Mortgage Loans at a Glance

By |June 19th, 2019|

You’re probably looking into buying a home, if not you wouldn’t be here! It can be pretty overwhelming trying to navigate through all of your options. Not every loan works for every person, so here are five common loans [...]

To Refinance or Not to Refinance

By |June 12th, 2019|

If you’re unsure whether or not refinancing would make sense for you to do, keep reading. Many people think that refinancing isn’t necessary since they already have low mortgage rates; however, refinancing is not just about lowering your rates. There [...]

4 Challenges Young Medical Professionals Face in Buying a Home And Ways to Overcome Them

By |May 20th, 2019|

If you’re a doctor (or other health care professional), yours is one of the most valued and prestigious fields in our society. So why do so many medical professionals have such a hard time qualifying to buy a home? [...]