If you’re considering buying a home after retirement, you may have access to more buying power than you think. Thanks to the home equity conversion mortgage (HECM), commonly known as a reverse mortgage, senior homeowners can move into the home they want without...
If you’re considering a reverse mortgage to supplement your income in retirement, many financial experts say that you may be making a very smart decision. A reverse mortgage, otherwise known as a home equity conversion mortgage (HECM), enables you to pull out money...
As winter’s storms come to an end, it’s time to give your dwelling space some love. Here’s how you can use a rehab loan to create your dream home. Choose a Renovation Project No doubt, making repairs to a house can pay off when it’s time to say...
Did your real estate agent mention that taking out a jumbo loan might help you purchase your dream home? Here’s what you’ll want to know about this type of home loan. What Is a Jumbo Loan? Did you know that there are rules regarding how much money you can...