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...
by admin | Apr 26, 2019 | reverse mortgage news
Hello! We’re Wendy and Edith—Your Reverse Mortgage Pros. We’re excited to share with you our brand new website! This website was created to help seniors 62 years old and older, as well as their families, learn the benefits of today’s Reverse Mortgage...