Posts Tagged ‘HELOC’

Why Foreclosures Won’t Be Stopping Anytime Soon

Why Foreclosures Won’t Be Stopping Anytime Soon

The reason foreclosures won't stop is that life events won't stop happening, and we're no longer able to borrow our way out of trouble.... (Continue reading)

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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)

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)

Future SHOCK for Older Homeowners: You Won’t Get a HELOC, a Second, or Refi based on your Equity

Future SHOCK for Older Homeowners: You Won’t Get a HELOC, a Second, or Refi based on your Equity

If you’re over 62, you have to ask yourself what you’d do in the event your income dropped or your expenses rose unexpectedly? You could tap your savings, but that's not something you want to do because spending your nest... (Continue reading)


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