Category: New Reverse Mortgage

I don’t have one million dollars saved for retirement

Do you have $1 million saved for retirement? A recent Huffington Post article proclaimed that retirees need $1 million dollars to have a safe and secure retirement. No doubt that’s probably true but what about the rest of us who don’t  have a million dollars? The good news is there are enough other retirement rules…

The New Reverse Mortgage

The New Reverse Mortgage for wealthy homeowners?

The New Reverse Mortgage perfect for wealthy homeowners Even though the FHA HECM (Home Equity Conversion Mortgage) was not designed for wealthy homeowners . There are countless homeowners whose homes are valued at over $1 million are finding that a Reverse Mortgage can be a an important part of their retirement planning. Will the New…