Yes, you can now get a reverse mortgage to purchase a home. In the past, if a consumer 62 years of age or older was planning to move and purchase another home, they would have [...]

Although the FHA reverse mortgage program has been in place since 1989, reverse mortgages have become more popular over the last few years than ever before. There are a few reasons for the popularity and [...]

For nearly five years I have been in the reverse mortgage business, the number one objection of the reverse mortgage program has always been the fees / closing costs.
Great News!!! Generation Mortgage Company recently announced [...]

This month, I wanted to share with you the purpose and importance of the independent third party counseling for the FHA-insured reverse mortgage program. Counseling is required by HUD / FHA for all seniors who [...]

Reverse mortgages are for seniors 62 years of age or older who don’t have enough or would like more spendable income to meet their financial needs but do have equity in their homes. For reasons [...]

Many of you avid readers have learned quite a bit about reverse mortgages from my ongoing columns, and I still receive and welcome each of your concerns and questions. In many cases, the concerns are [...]

I get a lot of good questions from our readers about reverse mortgages, so this month’s column is sharing some of the topmost facts for your benefit.
Eligibility- Homeowners 62 years of age or older who [...]

Over the last year, I have written a monthly column on Reverse Mortgages for Senior Magazine. My goal has been to educate the consumer on everything you need to know about the reverse mortgage program [...]

I wanted to start the New Year out by sharing a “crash” course on Reverse Mortgages. Currently, the Home Equity Conversion Mortgage (HECM) products offered by the Department of Housing and Urban Development (HUD) and [...]

Although the FHA reverse mortgage program has been in place since 1989, reverse mortgages have become more popular over the last few years than ever before. There are a few reasons for the popularity and [...]

Yes, you can now get a reverse mortgage to purchase a home. In the past, if a consumer 62 years of age or older was planning to move and purchase another home, they would have [...]

It is amazing how things can change so quickly in a matter of a few months. In my July column just two months ago, I spoke about the differences between the variable rate and fixed [...]

This month, I wanted to share with you the purpose and importance of the independent third party counseling for the FHA-insured reverse mortgage program. Counseling is required by HUD / FHA for all seniors who [...]