We’ve been getting a lot of questions lately about the different indexes that are tied to the reverse mortgage products so we decided to clarify what they are and how they work.
You can help out your children or grandchildren with a reverse mortgage. Be it with health, or education, the proceeds can be used whoever you want.
There are many misconceptions about reverse mortgages out in society today. Most, if not all of them, are based on assumptions that just are just plainly false.
The reverse mortgage lending limit has increased to $625,000 in the economic stimulus bill.
The increase of the principal limit was signed into law by President Obama when he signed the economic stimulus program.
Better Business Bureau has given us our A+ notification.
The 5 most common reverse mortgage questions we get.
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This in essence will raise the ceiling of a reverse mortgage to 150% of the Freddie Mac limit, which would set the bar to around $625,500. If Freddie Mac’s limit changes, the HECM limit would adjust accordingly.
Back in the summer of 1991 I had the pleasure[…]