Posts Tagged ‘HECM Line of Credit’

FINALLY… Time Magazine Realizes New Reverse Mortgages May be a Good Idea

FINALLY… Time Magazine Realizes New Reverse Mortgages May be a Good Idea

My point is that Kadlec does a decent job writing about the new HECM reverse mortgage… not a great job, but one that’s better than most. And that’s encouraging.... (Continue reading)

Okay, so tell me why everyone who can doesn’t use a reverse mortgage this way.

Okay, so tell me why everyone who can doesn’t use a reverse mortgage this way.

Who wouldn’t want a line of credit that’s guaranteed to increase every year even if the home’s value remains flat or goes down. Nothing does what the HECM Line of Credit does.... (Continue reading)

More Crap Reporting on Reverse Mortgages – Joe Hernandez of Newsworks.com

More Crap Reporting on Reverse Mortgages - Joe Hernandez of Newsworks.com

The hardest part of trying to learn about reverse mortgages is wading through the misleading articles, often written by people under 40, who clearly don't know enough about the product or the market to be covering the subject matter.... (Continue reading)

Are You Overestimating Your Ability to Access Your Own Money in Retirement?

Are You Overestimating Your Ability to Access Your Own Money in Retirement?

I’ve found that most homeowners are dramatically overestimating their ability to pay off mortgages in retirement and/or access the equity in their homes once retired.... (Continue reading)


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