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Are you a senior homeowner who is concerned about the rising cost of healthcare and trying to supplement your retirement income? A reverse mortgage is a unique loan that allows you to take out equity from your home to increase your retirement fund, and could ultimately help you pay for healthcare costs in retirement. If…

Have you reached the age of retirement, and are looking for ways to increase the proceeds of your retirement portfolio? When a homeowner, specifically, makes the transition into retirement, a reverse mortgage could be an effective strategy to increase the amount of capital in one’s retirement portfolio. If you are located in the areas of…

A reverse mortgage is a unique type of loan that allows homeowners of 62 years or older to withdraw a portion of their home’s equity and exchange it for cash. Many retired homeowners can benefit from this type of loan because it offers a way to supplement your retirement fund with a line of cash…

Reverse mortgages were originally developed so that elderly citizens could utilize their home equity without having to sell their homes. It is a possibility to refinance an existing reverse mortgage in order to obtain different loan terms or interest rates, and this process is known as a reverse mortgage for refinance. Although reverse mortgage for…

Are you looking to purchase your own home, but you are apprehensive about depleting your savings in order to do so? An all-in-one mortgage, (sometimes called an offset mortgage), could be something to consider when you are attempting to decide what type of mortgage you want to apply for. All-in-one mortgages allow a borrower to…

Are you a homeowner nearing retirement age, and looking for a way to supplement your income? If this situation applies to you, you may want to consider applying for a Home Equity Conversion Mortgage. An HECM is a type of reverse mortgage program that transforms a home’s equity into credit or cash for the borrower…

Are you a senior citizen thinking about purchasing a new home? You may be able to transform the equity you have established in your current home into the opportunity to live in a new home with no additional mortgage fees. A reverse mortgage for purchase is a unique financing option that allows home buyers of…