Posts Tagged ‘HECM reverse mortgage’

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

Written on 15 Feb, 2016 at 22:16

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)

How & Why I Fell in Love with the Reverse Mortgage

Written on 21 Feb, 2015 at 0:05

Nothing else does what a reverse mortgage does. There's no real alternative because any other type of home equity loan would require you to make monthly payments, and you can't retire with high monthly payments or you could end up... (Continue reading)

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Want to Know What I Just Heard About Reverse Mortgages?

Written on 6 Nov, 2014 at 5:21

"I heard they cost $112,000." I'm dumbfounded at how many talk about a reverse mortgage without mentioning that they don't know what they're talking about. ... (Continue reading)

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Why Can’t Dave Ramsey Get his Facts Straight on Reverse Mortgages?

Written on 13 Sep, 2014 at 1:24

Reverse mortgages are an extremely important financial tool for millions of Americans... and more and more every day. When Dave Ramsey writes about them, he needs to be accurate... and he's not. And that's a problem. ... (Continue reading)

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University Professors Research Reverse Mortgages, Set Record Straight – A Mandelman Matters Podcast

Written on 11 Sep, 2014 at 7:09

Professor Johnson was actually primarily motivated to study and write about reverse mortgages by the the media's horribly slanted and generally inaccurate coverage of reverse mortgages, and he shares some examples that will make you cringe. A GREAT INTERVIEW FOR... (Continue reading)

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How & Why to Retire South of the Border (at least Part-Time)

Written on 5 Sep, 2014 at 17:02

If you've been reading what I've been writing about reverse mortgages over this past year, it should be becoming clear that they are incredibly flexible and can be used for many purposes... from protecting a home from foreclosure in the... (Continue reading)

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IF YOU’RE 62+ AND STILL PAYING A MORTGAGE… Here are 7 Reasons You Can End Up in Foreclosure and How to Protect Your Home Now

Written on 26 Aug, 2014 at 18:22

Now, I'm not saying that anyone should have known about any of this. The fact is that his article, and others I've written in the recent past, appear to be the first in the country to propose switching to... (Continue reading)

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U.S. News & World Report Presents 4 Alternatives to a Reverse Mortgage

Written on 30 Jul, 2014 at 10:42

If a company was misinforming seniors about reverse mortgages with deceptive advertising in order to sell them on reverse mortgages, everyone would be disgusted and demand that it stop. So, why would anyone be any less outraged with U.S.... (Continue reading)