News Wire
Does your hair stylist give reverse mortgage advice?
Your hair stylist hears all your stories, the ones about your kids, your sister and how you used a coupon at the grocery store and saved over .00 on a jar of spaghetti sauce. She has a recipe for brownies that will knock your socks off and remembers that …
New reverse mortgage lending limit increased to $625,500
The mortgagee letter 2009-07 was released today setting the new nationwide lending limit for reverse mortgages (HECM) to 5,500. This was changed as a result of the American Recovery and Reinvestment Act of 2009 (ARRA) that was signed into law February 17th of this year. For a time period between …
Reverse mortgages mentioned in rethinking retirement article.
This website has often mentioned the notion of having financial planners consider the use of reverse mortgages as possible tools in their planning arsenal. Some financial planners are up to speed on the effective cash flow capabilities a reverse mortgage can provide and others are not very well versed …