The Best Reverse Mortgages

A recent article published in Reverse Mortgage Daily cites 5 ways that a reverse mortgage can be used as a retirement planning tool.  For the past few years now, we in the industry have been bringing awareness and educating people on the many uses of a reverse mortgage and we are starting to see a shift in how people view the product.  Financial planners, accountants and attorneys are beginning to change their opinions on the HECM (home equity conversion mortgage) program, and they are realizing that it can be utilized to help fund and secure one's retirement.  Read the entire article here . For more information on reverse mortgages and other related topics contact: Rick R. Rodriguez Certified Reverse Mortgage Professional, CRMP NMLS# 473353 Toll Free (877) 500-0454 Local (702) 460-6222

Reverse mortgages continue to gain more recognition and acceptance as a retirement planning strategy.  The reverse mortgage has been shedding its skin over the past several years from a program just for the cash-poor, house-rich client to include those who are looking to utilize the equity in their homes for retirement and investment opportunities.  The Home Equity Conversion Mortgage ( HECM ) program, which is the primary reverse mortgage program representing 95% of the market, recently went through a series of changes to ensure borrowers can afford reverse mortgages and help them avoid defaulting on the loan.  The new financial assessment rules will require a potential borrower to demonstrate their capacity and willingness to pay property taxes, home fees, and homeowners insurance based on their income and credit.   Forbes published a recent article that provides three different strategic uses of a reverse mortgage within a retirement income plan.  The first is to use a reverse mo

A recent article in Marketwatch provides six ways that one can lower their property tax bill.  Find out their tips and read the entire article  here . For more information on reverse mortgages and other related topics contact: Rick R. Rodriguez Certified Reverse Mortgage Professional, CRMP NMLS# 473353 Toll Free (877) 500-0454 Local (702) 460-6222

U.S. News advises that taking out a reverse mortgage is one of the top 10 ways to help fund retirement.  The recent article states that some 44% of retirees have used the equity in their home to help pay for retirement.  Read the entire article  here . For more information on reverse mortgages and other related topics contact: Rick R. Rodriguez Certified Reverse Mortgage Professional, CRMP NMLS# 473353 Toll Free (877) 500-0454 Local (702) 460-6222