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What to Expect from a Reverse Mortgage Counseling Session

In previous articles, we’ve talked about how a reverse mortgage can help seniors to draw equity from their homes. What many clients may not know is that when they apply for a federally insured reverse mortgage, it is a legal requirement that they complete a reverse mortgage counseling program with a HUD approved non-profit housing […]

Three Ways Older Americans Can Take Advantage of a Reverse Mortgage

In a previous article, we discussed six ways to take advantage of a home mortgage. But what about older Americans? Every year, a growing number of Americans are age 62 or older. Because of this, they may face health and wellness challenges that make it difficult for them to stay in their home. The good […]

5 Ways to NOT Use a Home Equity Line of Credit

Many consumers ask themselves, what is the equity in their home, and can they use it to pay their bills? They can with a home equity line of credit or HELOC. However, while it may be tempting to use your HELOC in the same way that you would use a credit card, be careful. There […]

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