call today to schedule an in-home consultation 561.252.0346
Reverse Mortgage Blog, News & Resources
HECM for Purchase and New Construction
HUD’s recent update with the release of Handbook 4000.1, effective October 31, 2023, brings exciting news for those looking to use a reverse mortgage to purchase a new construction home. This expansion now encompasses Single Family 1-4 units, Condominiums, and...
A Guide to Purchasing a Home with a Reverse Mortgage
For many seniors, owning a home is not just a dream but a significant financial asset. However, traditional mortgages can pose challenges for retirees with limited income. Enter the reverse mortgage, also referred to by the term HECM (Home Equity Conversion Mortgage)...
The Power of Refinancing a Reverse Mortgage
In the realm of personal finance, navigating the complexities of mortgages can often feel like traversing a maze with no end in sight. Among the myriad options available to homeowners, reverse mortgages stand out as a unique tool, offering seniors aged 62 and older...