Reverse mortgage professionals know all too well that there are seemingly infinite paths that people can take to get into the business, and chances are that most of the people who make up the ...

Christina Harmes Hika of Amerifund Home Loans in San Diego, Calif. has already described for RMD the perhaps less-discussed benefits of the reverse mortgage business specifically for younger ...

Q: We took out a reverse mortgage in 2011 and thought I understood how it worked. However, having reviewed the documents, I cannot find where it discusses the non-recourse clause I heard about.

Average long-term US mortgage rate ticks down to 6.84% this week, a second straight small decline Ask a real estate pro: Do I get more equity credit for covering house expenses after our divorce?

Reverse Mortgage Pro 3301 Wisteria Ct Chesapeake, VA 23321. ABOUT US. As a HUD-HECM-approved lender, we are committed to helping senior homeowners achieve financial security and peace of mind ...

HELOC vs. reverse mortgage: ... "If a borrower can afford the monthly payment of a HELOC, then this would be my first choice," says Jill Carrade, a mortgage broker at Pro Mortgage.

Another pro of a reverse mortgage is that your funds aren’t taxed, and they will not affect other retirement income streams, like Social Security. Since it is a nonrecourse loan, ...

How it works: A lending pro, financial advisor or other self-professed expert tells a homeowner that they can take out a reverse mortgage at 62 to get an income stream now and delay taking Social ...

So doing a reverse mortgage when rates were at 3%, now they’re at 7%. So that affects this the same way as if it was just a HELOC or a rental? Oh, absolutely.

How it works: A lending pro, financial advisor or other self-professed expert tells a homeowner that they can take out a reverse mortgage at 62 to get an income stream now and delay taking Social ...

HELOC vs. reverse mortgage: What seniors should consider now Eligible senior homeowners who are considering borrowing against their home's values can look into a home equity line of credit or a ...