The Top MYTHS And MISUNDERSTANDING of Reverse Mortgages
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
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
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 [...]
Bi-weekly Payments?
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
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
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
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
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. [...]
4 Challenges Young Medical Professionals Face in Buying a Home And Ways to Overcome Them
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 buying a home? [...]
