Blog
Apr
27,
2021
27,
2021
A reverse mortgage is a useful tool for retirees, but it also comes with several eligibility requirements and responsibilities. In this video, our CEO and founder, Scott Gordon, discusses how status changes can impact your HECM. Some of the topics he covers: Certifying that the property is your primary residence every year Paying your property […]
Apr
22,
2021
22,
2021
Since 1970, April 22 marks Earth Day, a global celebration in support of environmental protections. As events like this push climate change issues to the forefront, homeownership has increasingly become an avenue to contribute to the effort. From green mortgages to efficiency improvements, the motivations to participate are both financial and ecological. Not only can […]
Apr
20,
2021
20,
2021
When it comes to loan qualification and making a down payment, FHA loans offer home buyers many advantages over conventional mortgages. But that doesn’t mean they’re the best option for your specific situation. In this video, our CEO and founder, Scott Gordon, helps familiarize you with the cost of taking out an FHA loan. Some […]
Apr
8,
2021
8,
2021
A mortgage minus the monthly payment is an attractive offer. For homeowners over the age of 62 and with substantial equity, it’s also a realistic one. A Home Equity Conversion Mortgage (HECM) provides a loan based on a home’s value and deferred repayment while the property is the borrower’s primary residence. However, that doesn’t mean […]
Apr
1,
2021
1,
2021
Regardless of the loan program that a homebuyer relies on, they can count on consistency in some areas. Every lender will seek a clear history of your financial habits via your credit score and other documentation. You can also expect to be asked to provide proof of a stable income. And, before they agree to […]