When buying a home, do you finance with a Fixed-Rate or an Adjustable-Rate Mortgage?
Do you pick fixed or adjustable for a mortgage interest rate? IRVINE, CA, UNITED STATES, December 18, 2020 /⁨EINPresswire.com⁩/ -- As a consumer looking to refinance or purchase a home, we know there are a lot of mortgage options available. One of the …
When does it make Sense and Cents to Refinance your Reverse Mortgage?
Steely Dan had a great song in the '70's and my favorite lyric was, "Go back, Jack, do it again." When it comes to reverse mortgages, a lot of folks are "doing it again" and refinancing...
Six Things to Avoid After Applying for a Mortgage
Advice from a loan officer after applying for a mortgage IRVINE, CA, UNITED STATES, December 15, 2020 /⁨EINPresswire.com⁩/ -- Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you own your home. …
Reverse Mortgage Loan Limits Increased to $822,375 for 2021
The Department of Housing and Urban
Development (HUD) announced a maximum claim amount of $822,375 for calendar year 2021, a
rise of $56,775 from the $765,600 limit governing the Home Equity Conversion Mortgage (HECM)
program in 2020.
Five Words that Describe a Reverse Mortgage
These 5 words can help dispel the myths about reverse mortgages IRVINE, CALIFORNIA, UNITED STATES, November 25, 2020 /⁨EINPresswire.com⁩/ -- Here are 5 of the most common myths & misconceptions about reverse mortgages, and the truth behind these myths …
Is a Reverse Mortgage Considered Income for Medicaid?
What senior homeowners receiving Medicaid need to know about Reverse Mortgages IRVINE, CA, UNITED STATES, November 25, 2020 /⁨EINPresswire.com⁩/ -- Half of the people who get a reverse mortgage don’t really need the money, but they get the loan “just in …
Don't Get a Reverse Mortgage Until you do an Apples to Apples Comparison
Before obtaining a Reverse Mortgage, compare things Apple to Apple COTO DE CAZA, CA, UNITED STATES, November 25, 2020 /⁨EINPresswire.com⁩/ -- As you examine your retirement options, you may consider using a Reverse Mortgage, also known as an FHA HECM, …
Reverse Mortgages 101:  A Primer
Education is the key to understanding Reverse Mortgages IRVINE, CA, UNITED STATES, November 27, 2020 /⁨EINPresswire.com⁩/ -- A Reverse Mortgage is just a loan. It's like all loans -- their are fees to get one, and interest to be paid on it. The …
Reverse Mortgage Retirement - 8 Steps Down The Yellow Brick Retirement Road
Inch by Inch, it's a Cinch. Yard by Yard, it's Hard. The 8 steps to getting a reverse mortgage. IRVINE, CA, UNITED STATES, December 1, 2020 /⁨EINPresswire.com⁩/ -- In the Wizard of Oz, Dorothy had a little help from her friends to get down the …
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