But be aware the reverse mortgages aren’t cheap. You’ll have to pay an origination fee, which is the greater of $2,500 or 2 percent of the first $200,000 of your home’s value plus 1 percent ...

As a result, reverse mortgages may no longer be considered a “loan of last resort” as financial planners aim to highlight their uses as part of a comprehensive financial plan in retirement.

But be aware the reverse mortgages aren’t cheap. You’ll have to pay an origination fee, which is the greater of $2,500 or 2 percent of the first $200,000 of your home’s value plus 1 percent ...

Since doing reverse mortgages all day, every day, the first chat she has with potential clients is about setting goals. “If they tell me they’re going to remodel their house and sell within a year or ...

Mortgage and real estate expert David Hochberg joins John Williams to tell us what you should know about reverse mortgages. David also answers all of your real estate questions. David hosts “Home ...

Transcript: So when I’m watching TV, maybe because I’m older and they direct commercials at me for things like, you know, drugs, I keep seeing things about reverse mortgages.

Funding Long-Term Care with Housing Wealth. Powell: So now onto the topic of the day, how to fund the long-term care plan with all this wealth.. Graves: The government keeps repeating that 70% of ...

As a specialist in reverse mortgages for the past 25 years, I have had over 16,000 conversations with consumers, with approximately 3,000 deciding to become my clients.