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Quick Reverse Mortgage Calculator
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Reverse Mortgage Blog
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Recently, a few of the biggest Wall Street firms have issued reports saying they believe the Federal Reserve will soon start on its third round of qua...
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There was good news on inflation for December. The latest data from the Bureau of Labor Statistics shows that the Consumer Price Index (CPI) was ...
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The Labor Department reported that its measure of inflation at the wholesale level, the producer price index (PPI), fell by 0.1 percent in December. P...
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A recent article in The Wall Street Journal featured the story of a 62-year old retiree who used a reverse mortgage to pay off the mortgage on his hom...
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The Census Bureau reports that there are nearly 40 million senior citizens in the US and at least 23 million households with senior citizens. More tha...
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Mortgages can be obtained with a fixed rate or variable interest rate. Fixed rates take all the guess work out of the monthly payments so you can...
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Social Security and pensions may not offer enough income in retirement, and for many recent years, financial planners have used bonds and stocks ...
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Todd Ausherman, co-founder of Legacy Reverse Mortgage, co-hosts the Craig Sewing Show in studio with real estate expert Craig Sewing. Todd often joi...
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Many senior citizens struggle with the problem of how to manage their long-term care. Most seniors will need some form of long-term car...
What’s New?
Important Reverse Mortgage News
- Boomers’ Shrunken 401(k)s Spark Interest in Reverse Mortgages | Bloomberg Newsweek
- Reverse Mortgages Gain Popularity Among Baby Boomers | Fox News
- Reverse Mortgages Now a Less-Costly Lifeline | Wall Street Journal
- Affluent Retirees Using Reverse Mortgages | Washington HeraldNet
- More Bogus Arguments Against the Reverse Mortgage | Yahoo Finance
In depth look at Reverse Mortgages in determining whether a Reverse Mortgage is right for you.
Watch the VideoIs a Reverse Mortgage Safe?
Put SImply, Yes It Is
- Reverse Mortgage Loans are Government Insured
- Only Federally and State Licensed reverse mortgage companies can issue a reverse mortgage
- Before being approved for a reverse mortgage, seniors must sit down with a government approved counsellor making sure all info is understood
- Over 600,000 Seniors currently receive money from a Reverse Mortgage
- You, or your heirs, will never be responsible to pay back more than the value of the home
Existing Customer:
The National Reverse Mortgage Lenders Association (NRMLA) recently released a report showing that senior citizens hold more than $3 trillion in home e...