Posts

Showing posts from December, 2013

Healthiest Housing Markets

Zillow.com published a recent analysis on the nation's healthiest housing markets in October.  Of the top- markets, four were in California - San Jose, San Francisco, Los Angeles and San Diego.  The fifth best market belongs to Denver.  Reverse Mortgage Daily provided a summary of the analysis at:   http://reversemortgagedaily.com/2013/12/15/zillow-healthiest-housing-markets-found-out-west/?utm_source=Reverse+Mortgage+Daily&utm_campaign=39d69970bb-rmd_daily_email_12_16_1312_15_2013&utm_medium=email&utm_term=0_48b4357284-39d69970bb-21285 For more information on home values in your area or reverse mortgages , contact Rick Rodriguez, Production Manager at Proficio Mortgage at (877) 576-3783 or rrodriguez@proficiomortgage.com.  You can obtain more at www.reversemortgageproficiobank.com . 

Long Term Care Services Supported by Reverse Mortgages

A recent study by the Centers for Disease Control (CDC) and Prevention's National Center for Health Statistics states that approximately 8 million people received paid long-term care services in 2012 and more than half (56%) of those people used home health services.  Part of the study points out that consumers desire to stay in their own homes, and federal and state policy developments have led to a growth in different types of home and community based resources.  Medicaid finances a majority of long-term care, followed by Medicare, but individuals and families still must pay for some services out of pocket.  In the current state of our economy, finding ways to pay for long-term care services is a growing concern for families and older adults.  The full report can be accessed at:   http://www.cdc.gov/nchs/data/nsltcp/long_term_care_services_2013.pdf We have been actively working with the home health care industry in bringing awareness of the role that reverse mortgages can play

New Day for Reverse Mortgages

Home Equity Conversion Mortgages, commonly referred to as reverse mortgages , are becoming more and more common.  Previously considered as just a needs based program, HECM's are being considered more in retirement planning by seniors, financial planners and many other professionals. The National Mortgage Professional Magazine recently published this article on reverse mortgages gaining more popularity:   http://www.nationalmortgageprofessional.com/news45000/new-day-reverse-mortgages Rick Rodriguez and Proficio Mortgage are committed to being the HECM experts nationwide.  Contact Rick Rodriguez at (877) 576-3783 or rrodriguez@proficiomortgage.com.  You may also visit our website to learn more about us and reverse mortgages at www.reversemortgageproficiobank.com.