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Reverse Mortgage Blog

Unlocking Your Home's Potential: The Smart HELOC Alternative

May 15, 2024
In this blog, we've explored an innovative financial solution for homeowners looking to leverage their home equity without risking their low mortgage rates. The smart HELOC alternative, acting as a second mortgage without added pressure of payments.

The "Gray New Deal": A Warm Embrace for Secure Retirements and the Role of Reverse Mortgages

March 2, 2024
In our latest blog post, we delve into the promising vision of the "Gray New Deal," a transformative approach aimed at securing a dignified and financially stable retirement for all. We explore how this initiative seeks to enhance Social Security, introdu

Critical Statistics Shaping Retirement in America

March 2, 2024
In our latest exploration, we dive deep into the critical statistics shaping retirement in America. From the average retirement age to the pivotal role of Social Security and popular savings vehicles like 401(k) plans and IRAs, what is waiting.

The Hidden Value of Shopping Around for Home Insurance

March 1, 2024
Dive into the world of smart financial decisions with our enlightening post about the often-overlooked benefits of shopping around for home insurance. Through a blend of personal anecdotes, like Linda's eye-opening savings story, and compelling statistics

Safeguarding the Future: The Critical Role of Protecting Social Security and Exploring Home Equity for a Robust Retirement

February 28, 2024
In our latest post, we delve into the pivotal role of Social Security in ensuring a stable retirement for millions of Americans and explore how leveraging home equity through reverse mortgages can supplement income in one's golden years. With a friendly a

Unlocking the Potential: How Reverse Mortgages Can Brighten Your Retirement Without Tax Worries

February 28, 2024
In this heartwarming and enlightening blog post, we unravel the mysteries behind reverse mortgages, presenting them as a beacon of hope for retirees seeking financial freedom. With a friendly and approachable tone, we delve into the nitty-gritty of how re

The Truth About Reverse Mortgages: Dispelling Common Myths and Unveiling Strategic Benefits

February 26, 2024
In this enlightening post, we dive into the world of reverse mortgages, debunking three common myths that often cloud their true potential. With a friendly and approachable tone, we explore how these financial tools can be smartly used to secure a more co

Tapping Into Home Equity: A Solution for High Property Taxes

February 25, 2024
Navigating property taxes can be a daunting task, especially for retirees living in states with high rates. This blog post explores how a reverse mortgage can be an effective tool for managing these expenses. By tapping into your home's equity, you can co

A Welcome Increase: The 2024 HECM Reverse Mortgage Lending Limit Rises to $1,149,825

December 6, 2023
In this friendly and informative blog post, we dive into the exciting news of the increased HECM lending limit for 2024, which has jumped from $1,089,300 to a substantial $1,149,825. This increase opens up new opportunities for homeowners to secure their

Understanding the Non-Recourse Feature of HECM Reverse Mortgages

November 12, 2023
Friendly and approachable, this blog post takes you on a journey through the intricacies of HECM reverse mortgages. We've broken down complex concepts into digestible bits, making it easy for you to understand how the non-recourse feature works and how it

Can My Children Still Inherit My House if I get a Reverse Mortgage?

October 24, 2023
Can My Children Still Inherit My House if I get a Reverse Mortgage?

"Empowering Seniors: Harnessing the Power of Attorney in Reverse Mortgage Refinance"

September 8, 2023
Angella Conrard, a Certified Reverse Mortgage Professional, explains how to use a power of attorney in a reverse mortgage refinance transaction.

Reverse Mortgages: A Smart Choice for Seniors' Retirement Planning

September 7, 2023
Discover the key legal documents seniors need to consider as they age. From wills to powers of attorney, our informative article provides practical advice and tips for planning your retirement with confidence. Explore the benefits of a reverse mortgage as

Leveraging Reverse Mortgage to Offset Income Taxes during ROTH IRA Conversion

August 16, 2023
This blog post provides a comprehensive exploration of an innovative financial strategy - using a reverse mortgage to pay for income taxes during a ROTH IRA conversion. It begins by explaining key concepts like reverse mortgages and the tax implications o

Using a Reverse Mortgage to Self-Fund Long-Term Care: A Comprehensive Guide

August 14, 2023
Explore how a reverse mortgage can be a financially viable alternative to long-term care policies. Learn about this flexible strategy that allows retirees access to their home equity for long-term care, offering comfort and independence. Your path to a wo

Unlock Financial Flexibility with Reverse Mortgages

July 31, 2023
This informative blog post delves into the strategic potential of reverse mortgages for retirees seeking financial flexibility. The article offers insights into how reverse mortgages work, the benefits they offer, and the precautions needed when consideri

Super Agers and Strategic Retirement Planning: A New Perspective on Aging Gracefully

July 31, 2023
This blog post delves into the concept of 'Super Agers' - individuals who age with vitality and grace, maintaining their cognitive abilities well into their golden years. We explore strategic retirement planning techniques that can help you become a Super

Navigating the Landscape of Reverse Mortgages in Los Angeles

July 17, 2023
This blog post serves as an in-depth guide to understanding the benefits and implications of reverse mortgages for homeowners in Los Angeles, California. It explores how reverse mortgages work, their advantages such as tax-free income, financial flexibili

Unlocking Financial Freedom: How FHA HECM Reverse Mortgages & Tax Strategies Empower Seniors

July 10, 2023
Dive into the world of FHA HECM reverse mortgages and discover how they can provide financial flexibility for seniors. This blog post explores the benefits, tax advantages, and strategic financial planning methods associated with reverse mortgages. Whethe

Are Reverse Mortgages Good? Video

July 10, 2023
This video discusses the idea of reverse mortgages and if they are good or not.

Are Reverse Mortgages a Good Idea?

June 29, 2023
In this blog post, we have comprehensively explored reverse mortgages, mainly focusing on their unique features and advantages. We've explained how reverse mortgages while having higher interest rates and additional fees, can still be a viable alternative

Discover How Much Cash You Can Access with a Reverse Mortgage Calculator

June 16, 2023
Learn more about planning your retirement future using a reverse mortgage calculator

Get Your Reverse Mortgage Guide

June 15, 2023
Offer of a reverse mortgage guide

Reverse Mortgages: Benefits, Drawbacks, and Alternatives for Retirees and Their Heirs - A Comprehensive Guide to Making Informed Financial Decisions

June 14, 2023
The article discusses the benefits, drawbacks, and alternatives of a reverse mortgage for retirees and their heirs. A reverse mortgage is a loan that allows retirees to borrow against the equity in their home.

Swedish Death Cleaning: A Comprehensive Guide for Senior Citizens

June 2, 2023
Discover the cathartic benefits of Swedish Death Cleaning and how it can simplify your life. Learn practical tips to declutter your home, preserve your memories, and create a legacy for your loved ones. Click now to start your journey towards a happier fu

Understanding the Fine Print: Unpacking Reverse Mortgage Fees

May 19, 2023
The blog post explains the concept of reverse mortgages, which allow older homeowners to borrow against their home equity without making monthly payments. The post delves into the different types of reverse mortgage fees, including closing costs, insuranc

How to use a reverse mortgage calculator: The Complete Guide

May 11, 2023
Discover how reverse mortgages, a federally regulated and flexible option, can help seniors access the equity in their homes for a comfortable retirement. Use our reverse mortgage calculator to estimate how much you can borrow and learn more about the ben

Preventing Dementia & Alzheimer's with MIND Diet

May 4, 2023
Many people worry about developing dementia or Alzheimer's disease as they age. However, recent studies suggest that our diet may play a significant role in preventing cognitive diseases. One recommended diet that is gaining popularity is the MIND diet, w

Baby Boomers are Underfunded for Retirement

May 1, 2023
1 Minute Video discussing

Aging in Place: Retirees Prefer Living in Their Own Homes

April 28, 2023
Summary: The article discusses the concept of aging in place, where seniors prefer to live in their homes for as long as possible, instead of moving to a retirement community or nursing home. The author provides reasons why most seniors prefer to age in

Retirement Underfunding and Baby Boomers: How Reverse Mortgages Provide a Solution

April 26, 2023
This blog post highlights the retirement underfunding issues currently faced by Baby Boomers born between 1946 to 1964. With increased life expectancy, the Social Security system is struggling to cope with the financial needs of the aging population. Fort

How a Reverse Mortgage Calculator Can Help Retirees

April 15, 2023
Retirees who are overwhelmed in choosing their retirement savings options can consider a reverse mortgage, and a reverse mortgage calculator is a useful tool to help estimate how much they may qualify for. It calculates the potential payment options, esti

What You Need to Know Before Using a Reverse Mortgage Calculator

April 15, 2023
The article discusses reverse mortgages, a financial product that allows retirees to access the equity in their homes for additional funds. It explains the advantages and disadvantages of taking out a reverse mortgage and highlights the importance of cons

Empowering Older Homeowners: The ElliQ Personal Assistant and Healthcare Tracker

April 6, 2023
The ElliQ personal assistant is designed specifically for seniors, helping them stay connected, healthy, and independent at home. ElliQ uses advanced artificial intelligence (AI) to track key health metrics and promote social connectedness. It can perform

"Turning Your Assets into Cash Flow: Why Consulting with a Fee-for-Service Financial Planner is Crucial for a Successful Retirement"

April 3, 2023
"Turning Your Assets into Cash Flow: Why Consulting with a Fee-for-Service Financial Planner is Crucial for a Successful Retirement" explores the importance of planning for retirement and provides tips on asset management. Surprisingly, 60% of retirees do

Understanding Inflammation: How Your Diet Can Help Combat Chronic Inflammation and A Clinically Proven Supplement To Use

April 3, 2023
This blog post delves into the effects of inflammation on chronic health conditions and how dietary changes can combat it. The article suggests incorporating inflammation-fighting foods like fruits and vegetables, choosing healthy fats, reducing sugar and

Using a Reverse Mortgage to Pay for Teeth and Health Care Costs Not Covered by Insurance

March 24, 2023
Dental Insurance doesn't pay for a large amount of proceedures and implants needed by retirees. Learn how a reverse mortgage can pay for your teeth.

Using a Reverse Mortgage to Pay for Long-Term Care

March 8, 2023
Learn how to use a reverse mortgage to pay for long-term care as an alternative to paying on-going premiums with a Long-Term Care Policy

How to Pay for Long-term Care Without Insurance

March 7, 2023
If you’ve started to look into long-term care options, you may have encountered expensive insurance policies that are difficult to qualify for and can take a very long time to pay out.

AN ALTERNATE & MORE FLEXIBLE WAY TO FUND LONG-TERM CARE

February 14, 2023
Using home equity to fund long-term care is less expensive, more flexible, and gives you more control.

Reverse Mortgages Reduce Risk for Retirees and Make Your Money Last Longer

January 31, 2023
Recent studies show that incorporating home equity in retirement planning will make your money last longer.

FHA Reverse Mortgages - How Do I Get My Money?

January 28, 2023
Find out in what ways you can draw funds on a reverse mortgage.

2023 Reverse Mortgage Loan Limits

December 3, 2022
Learn what the new reverse mortgage loan limits are for 2023

How to Claim and Maximize Your Social Security Benefits

November 16, 2022
Learn how to get more out of Social Security

Reverse Mortgage Proceeds Can Be Used for Taxes in Converting from a Traditional IRA to a Roth IRA

November 15, 2022
Reverse Mortgage Proceeds Can Be Used for Taxes in Converting from a Traditional IRA to a Roth IRA

Repairs - Reverse Mortgages - Repair-Set-Asides

November 7, 2022
HUD requires some repairs be completed prior to closing an FHA Insured Reverse Mortgage and some to be completed after your closing. Which is which?

HUD Increases the time an appraisal is valid in Mortgagee Letter 2022-11 from 120 days to 180 days

November 1, 2022
HUD Increases the time an appraisal is valid in Mortgagee Letter 2022-11 from 120 days to 180 days

Reverse Mortgage for Purchase - No monthly payment required

October 25, 2022
Learn about how to right size and purchase with a reverse mortgage

A Reverse Mortgage Assists a Couple in Increasing Their Cash Flow - To Afford Medicine

October 25, 2022
A client acquired a reverse mortgage to meet their goals but wanted to know, should he refinance?

Planning or Considering a Reverse Mortgage? Don't Forget Repairs & Maintenance in your Plan

October 18, 2022
Planning or Considering a Reverse Mortgage? Don't Forget Repairs & Maintenance in your Plan

How to Choose a Financial Advisor

October 12, 2022
How to Choose a Financial Advisor

Reverse Mortgage Occupancy Certificates & Requirements

October 11, 2022
Learn about reverse mortgage occupancy requirements and how your loan servicer verifies your residency.

Jintronix , Interactive technology for balance, fall prevention, rehabilitation and senior care.

October 11, 2022
Jintronix is this very cool interactive software that is great for fall preventions

Are you ready to retire? If you think you are ready, ask yourself these seven questions

September 13, 2022
It's important to be ready for retirement, ask yourself the right questions when your retiring.

Ten Tips to Avoid Overpaying for Your Home Insurance

September 3, 2022
Ten Tips to Avoid Overpaying for Your Home Insurance

USING A REVERSE MORTGAGE TO MAXIMIZE YOUR SOCIAL SECURITY BENEFITS IS SMART THINKING

May 12, 2022
Many people defer their Social Security benefits until age 70 to maximize their payments. Using a reverse mortgage can help supplement income in the process of maximizing your Social Security.

THE TAX ADVANTAGES OF CONVERTING AN IRA TO A ROTH IRA AND USING A REVERSE MORTGAGE TO PAY YOUR TAX BURDEN

May 12, 2022
This article discusses the advantages of using a reverse mortgage to pay your tax burden when converting funds from a IRA to a ROTH IRA.

Reverse Mortgage Occupancy Requirements Explained

May 10, 2022
Maintaining your home as your primary residence is a requirement of being a reverse mortgage recipient. Learn the guidelines of reverse mortgage occupancy

Beware of Financial Fraud Scams

January 9, 2022
Financial Fraud Scams are on the rise

Home Equity Conversion Mortgage Loan Limit Increases 2022

December 9, 2021
HECM Loan Limit Increases January 1, 2022 to $970,800

Retirement Budget Tip: Save Hundreds of Dollars on Perscription Eye Glasses online

October 26, 2021
Save hundreds of dollars a year by buying eye glasses on line

Your Guide to Hassle-Free FHA Appraisals

September 15, 2021

Will Your Retirement Income Go Down If Your Spouse Dies?

August 31, 2021
Learn how you may protect yourself if your income goes down after your spouse dies.

Can Home Equity Help You Age In Place?

August 15, 2021
This article discusses various options to fund in home care.

8 Top Part-Time Jobs For Retirees

July 31, 2021
Many people continue to work in retirement, either because of necessity or desire.

Is There A Jumbo Reverse Mortgage Calculator?

July 25, 2021
Reverse mortgage jumbo calculator

When To Refinance Your Reverse Mortgage

July 15, 2021
You may be leaving money on the table with your current reverse mortgage. This article suggests when it may be appropriate to refinance your current reverse mortgage.

Newport Beach and Jumbo Reverse Mortgages

June 23, 2021
Newport Beach Jumbo Reverse Mortgages

How to Afford Your Dental Work Using a Reverse Mortgage

June 8, 2021
Explore various option to pay for expensive dental work with a reverse mortgage

Reverse Mortgage for Purchase - A new tool for retirement

June 1, 2021
Reverse mortgages for purchase are another tool for older home owners to improve their retirement lifestyle

A Reverse Mortgage Story In Two Generations

May 18, 2021
Borrower attains a reverse mortgage to care for her father and then attains one to secure her own retirement.

Equity Release Vs. Reverse Mortgages

May 6, 2021

What Is The Difference Between A Reverse Mortgage And HELOC?

April 22, 2021
What’s the difference between a home equity line of credit and reverse mortgages?

Can I Get a Reverse Mortgage On a Manufactured Home?

March 30, 2021
Manufactured homes have surged in popularity since 2008, and are a common housing choice for seniors. Can you qualify for a reverse mortgage with one?

Can I Get a Reverse Mortgage if My Spouse is Under 62?

February 26, 2021
It is possible for a couple with one spouse who is under 62 years of age to get a reverse mortgage loan? Is it a smart financial move in this scenario?

Creating Retirement Income with Reverse Mortgages

February 15, 2021

FAQs at Your Reverse Mortgage Closing

February 8, 2021

4 Important Questions to Ask When Considering a Reverse Mortgage

February 1, 2021

Using Reverse Mortgages To Help Retirement Money Go Further

January 22, 2021
When is the right time to access a reverse mortgage? What are the smart first steps to enhancing your plan?

ARE YOUR PARENTS RUNNING OUT OF MONEY FOR RETIREMENT OR CARE?

January 15, 2021
The article discusses the benefits of reverse mortgages for seniors who own their homes in retirement. Traditionally, seniors have relied on Social Security, pensions and savings plans for retirement, but rising expenses and decreased pension benefits hav

Is Your Lender About To Call Your Credit Line Due?

January 1, 2021
Did you know banks can freeze your home equity line of credit at any time? Could a reverse mortgage be the financial tool that can save you from the challenges others are dealing with?

Should I Get a Reverse Mortgage or a Credit Line? What’s the difference between a home equity line of credit and reverse mortgages?

December 18, 2020
The number of financial products available to older homeowners is growing. Access to home loans, credit lines, and reverse mortgages appears to be improving. But which is the best option for you?

Why an Adjustable Reverse Mortgage May Be The Wisest Choice

December 7, 2020
Learn about the flexible ways to take your reverse mortgage cash. Would a credit line, tenure payment, term payment, cash or a combination work for you?

Plan for Your Last Big Event – Wills, Trusts, Power of Attorney

November 19, 2020

Get Organized and Vow to Decrease the Clutter!

November 11, 2020

What Happens When My Reverse Mortgage Becomes Due? Settling your Loan Account

November 4, 2020

Should I Get a Reverse Mortgage, Downsize or Sell My Home?

November 2, 2020

Sciatic Pain – What is it?

October 7, 2020

Will the Government Pay for My Long Term Care?

October 5, 2020

Why is There FHA Mortgage Insurance on Reverse Mortgages?

September 24, 2020

5 TIPS TO ESCAPE THE BURDEN OF CREDIT CARD DEBT

September 10, 2020
Find out how to get out of credit card debt quicker
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About my blog
I am designated a Certified Reverse Mortgage Professional by the National Reverse Mortgage Lender's Association. I work exclusively with reverse mortgage loans in nine states. I have a passion for hel...
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