Category: New Reverse Mortgage

Debunking Reverse Mortgage Myths

Debunking the #1 New Reverse Mortgage Myth

I give up ownership of my home with a Reverse Mortgage. Without question is the number one fear of many older homeowners when considering a Reverse Mortgage. I can remember when someone asked my father if he owned his home, he always answered: Yes, me and the bank! With a forward mortgage as long as…

How much do you need for a secure retirement?

Do you have $1 million saved for retirement? A recent Huffington Post article proclaimed that retirees need $1 million dollars to have a secure retirement. No doubt that’s probably true but what about the rest of us? If you’re retired or a pre-retiree and you don’t already have that million chances are you won’t make…

The New Reverse Mortgage for wealthy homeowners?

The New Reverse Mortgage perfect for wealthy homeowners Even though the New Reverse Mortgage was not designed for wealthy homeowners, there are countless homeowners whose homes are valued at over $1 million are finding that it can be a an important part of their retirement planning. Will the New Reverse Mortgage improve your lifestyle? According…