Home equity conversion mortgages (HECM), also known as reverse mortgages, let eligible Americans 62 and older borrow money from their home equity. While HECMs can be a powerful tool for certain individuals and families, they’re not meant for everyone. Watch this video to learn if a HECM could be right for you.
They say it’s the most wonderful time of year. With holiday parties, out-of-town visitors, and plenty of excuses to try a multitude of tasty treats, there’s definitely lots to look forward to—even as the days get shorter and the weather turns colder. Of course, the change in seasons can also bring on a case of […]
Home ownership is more than just a house with your name on it; it’s a financial opportunity that can create security over the years through life’s ups and downs. Whatever your goals, the right mortgage can help you along the way. You’re ready for a starter home. Wedded bliss is wonderful, but the grace period […]
The holidays aren’t joyful when you’re stressed. It’s easy to get caught up in the busyness of the season with the expectations of gift-giving, party attending, volunteering and decorating. There’s nothing wrong with any of those activities, but squeezing all of it into the normal routine can seem daunting at times. Even the most balanced […]
Are harsh winters putting a chill on your retirement plans? If snow and ice are keeping you from year-round enjoyment of your golden years, perhaps an annual change of scenery is in order. While not for everyone, the lifestyle of a winter visitor, aka snowbirds, may be just the thing to heat up a conventional […]
Our lives change over time, and so do our financial realities. In the ebb and flow between milestones, the good news is that you can capitalize on the planning you’ve already put into place by leveraging your home’s equity and refinancing your mortgage. Refinancing isn’t for everyone’s situation; it can cost from 3% to 6% […]