Refinancing a traditional ‘forward’ mortgage is a fairly common practice. For seniors who have a reverse mortgage, it is possible to refinance a Home Equity Conversion Mortgage (abbreviated as HECM, the most common type of reverse mortgage) with another Home Equity Conversion Mortgage.
Middle aged adults may be reaching a point in their life where they have children preparing to...
Middle aged adults may be reaching a point in their life where they have children preparing to...
Seniors planning their finances during retirement need to be aware of a change from the Social...
There is some pretty big news about reverse mortgages in 2022, especially if you live in...
Reverse mortgages can be a helpful tool in your retirement toolbox when it comes to financial...
A reverse mortgage is an excellent financial option for those with a significant amount of equity...
Knowing the basics of a reverse mortgage can seem intimidating when you’re first learning about...
Reverse mortgages offer seniors the option to leverage the equity they have in their house to...
Reverse mortgages are loans. Since they operate with the lender paying the borrower, and equity...