Blog

May 6 2021
Couple in front of laptop
In the wake of the COVID-19 pandemic, many homeowners took advantage of mortgage forbearance programs to suspend their monthly payments. Recent legislation, such as the CARES Act and the American Rescue Plan Act, provides guidelines for starting and ending forbearance on federally-backed mortgages, as well as other aid programs to help homeowners avoid defaulting on […]
May 4 2021
Older couple
A Home Equity Conversion Mortgage (HECM), or reverse mortgage as it is commonly known, relies on the accrual of substantial equity. Often, a HECM is a tool used by homeowners who have successfully paid their mortgage in full but prefer not to sell the home to access its cash value. In these cases, pursuing a […]