by admin | Feb 7, 2024 | reverse mortgage news
When it comes to discussions about home equity, one question frequently surfaces—are reverse mortgages safe? It’s a valid concern, especially considering the financial implications involved. However, it’s essential to recognize that reverse mortgages have...
by admin | Jan 4, 2024 | reverse mortgage news
Breaking News! For 2024, conventional loan limits have increased to $766,550 nationwide, and up to $1,149,825 for high-cost areas. This is the new loan limit for single units, which includes single-family homes, condos, and townhomes. What does this mean for you with...
by admin | Dec 16, 2023 | reverse mortgage news
For senior homeowners on a fixed income, 2023 has been a particularly tough year, as many used credit cards to pay for increased day-to-day living expenses. With rapid inflation and higher costs for products and services, seniors had to take on more debt just...
by admin | May 6, 2023 | reverse mortgage news
What’s New in 2023! Reverse Mortgages are continually changing and improving, and 2023 brought some exciting updates. Here are just a few of the new updates: Conforming loan limits increased to $1,089,300 which means you can access a higher (in many CA Counties...
by admin | Jul 14, 2021 | reverse mortgage news
What are Reverse Mortgage Loans And How Do They Work? A Reverse Mortgage is a loan that homeowners 62 years and older can take advantage of if they have a considerable amount of equity in their home. The reverse mortgage allows them to borrow against the value of...
