Natural disasters are nearly impossible to prepare for and can leave a wide swath of destruction in their path. From hurricanes and tornadoes to earthquakes and wildfires, unexpected disasters and extreme weather events can cause severe damage to your home. For many with reverse mortgage loans, it can be difficult to navigate the unknowns in… Continue Reading Managing Your Reverse Mortgage When Disaster Strikes
When disaster strikes your home and community, it’s devastating. It’s not just about losing a sense of security and day-to-day shelter, but determining how to move forward when everything is in disarray. The road ahead isn’t easy, but for homeowners in federally declared disaster areas, there is a form of assistance: the FHA 203h loan.… Continue Reading When Disaster Strikes, the FHA 203h Loan Could Help
When a natural disaster like a flood, hurricane, or wildfire hits your home, it can be difficult to know where to begin on the path to recovery. What happens to your mortgage if your house is destroyed or you can’t make your payments? The first step is to notify your lender or loan servicer as… Continue Reading How Can I Avoid Foreclosure After a Natural Disaster?
When an emergency strikes, the last thing you want to worry about is the financial logistics of fixing the damage to your home. Depending on your homeowner’s insurance policy and where you live, issues and emergencies like flooding, ground movement, mold, infestations, nuclear hazards, wind damage, pet damage, government action and general wear and tear… Continue Reading Repairing Your Home After an Unexpected Emergency