American Home Bank announced earlier this week that it was rebranding Beacon Reverse as American Home Bank Reverse. Beacon Reverse became a division of American Home Bank in 2006 and handles all of ...
When reverse mortgage professionals from Australia and New Zealand made the long journey to San Diego last year to attend the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and ...
As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both ...
Over the last decade, reverse mortgages have been marketed as an easy way for seniors to cash in their home equity to pay for living expenses. However, many have learned that improper use of the ...
A reverse mortgage allows seniors to access cash from the equity they've built up in their homes. Unlike home equity loans or HELOCs, there's usually no credit score requirement and you don't have to ...
Inflation continues to strain the economy and American household budgets with higher prices at the gas pump, grocery store and other everyday purchases. As a result, many are taking on extra jobs and ...
Home equity among people 62 and older reached an all-time high of more than $13 trillion late last year, coinciding with a record wave of people turning 65. That combination of housing wealth and ...
My last couple of posts, beginning with The Mortgage is Dead; Long Live the Reverse Mortgage, have extolled the virtues of the improved FHA HECM reverse mortgage products. Given that the typical ...
When was the last time you talked with your family about money? If it’s been a while, it’s time to start. Money can be an emotional topic, especially with family, but avoiding these discussions can ...
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