Blog
May
18
2022
18
2022
Transitioning into a comfortable retirement typically requires hard work, careful planning, and the ability to reconcile your financial health with long-held aspirations. However, if retirement is nearing and the resulting fixed income threatens to derail the lifestyle you imagined, an underutilized and often misunderstood tool could get you back on track. Add Income, Reduce Costs […]
Apr
13
2022
13
2022
Navigating the transition to becoming an adult child and your concerns about the well-being of an aging parent can be difficult. However, healthcare, safety, and financial security are all areas where a candid conversation can make both parties more comfortable. And for each of those areas, there’s one financial tool that can support your parents’ […]
Feb
23
2022
23
2022
A Home Equity Conversion Mortgage (HECM), often called a reverse mortgage, can seem like a confusing financial tool for homeowners. Since they aren’t as familiar as traditional mortgages, and some of the rules governing them have changed over time, it’s not surprising that many myths and misconceptions exist. If you’re over the age of 62 […]
Jan
11
2022
11
2022
Home Equity Conversion Mortgages, otherwise known as HECMs or reverse mortgages, are not one-size-fits-all. In this video, our CEO and founder, Scott Gordon, discusses the differences between three types of reverse mortgages. Some of the topics he covers: How age, location, and life plans could help you choose the right reverse mortgage Other considerations like […]
Dec
21
2021
21
2021
There’s no right way to retire. The options for retirement living are limited only by your budget and your priorities. Fortunately, your budget may not be holding you back as much as you thought. Take a look at some of the ways you can settle in for the next phase of your life and a […]
Oct
19
2021
19
2021
Lots of retirement age homeowners are turning to reverse mortgages as a helpful financial planning tool, but is it right for you? In this video, our CEO and founder, Scott Gordon, discusses important things to consider when applying. Some of the topics he covers: The reasons why homeowners like you are turning to reverse mortgages […]
Sep
14
2021
14
2021
You’ve probably heard about the many benefits of reverse mortgages, but aren’t sure when the best time to apply might be. In this video, our CEO and founder, Scott Gordon, discusses several personal and financial circumstances that can help determine when including: At what age do you become eligible for a reverse mortgage How much […]
Sep
2
2021
2
2021
Although many homeowners over 62 opt for a Home Equity Conversion Mortgage (HECM) to eliminate their monthly mortgage payments, they may still face financial struggles. Unexpected events, such as the COVID-19 pandemic and its impact, can derail even the best plans. Fortunately, relief legislation and guidance from the Federal Housing Authority (FHA) and the Department […]
Aug
5
2021
5
2021
A Home Equity Conversion Mortgage (HECM) offers an avenue to borrow a portion of your home’s value and defer repayment of the loan as long as the property remains your primary residence. It’s a flexible option for homeowners who own their home free and clear. Under certain circumstances, it can also be worth pursuing if […]
Jul
22
2021
22
2021
With retirement around the corner, you may have big plans for filling your more flexible schedule. One of our recent posts explained many of the ways a reverse mortgage can expand your travel options. Now we’ll talk specifically about using a Home Equity Conversion Mortgage (HECM) to take your retirement on the road. Your House […]
