One of the common objections to a HECM is the cost. This week we examine when upfront costs are an issue, why, and how to build value that eclipses such concerns.
Continue readingWhat is a HECM Debt Consolidation?
What’s the Plan for Lower Interest Rates?
Wall Street isn’t the only entity anticipating interest rate cuts. Here’s what some industry leaders have to say about the potential for HECM originations.
Continue readingWhat’s Justified Isn’t Always Just
What’s justified isn’t always just. There are many times when you may be justified to respond or act in a certain way. And you are. But is it the just choice?
Continue readingWhen Short-to-Close Isn’t a Deal-Killer
Short-to-close loans are more common thanks to higher interest rates. But a homeowner being required to come in with cash at closing shouldn’t always be a deal-killer. Here’s why and what some originators are doing to convert these deals into closed loans.
Continue readingAugust 2024 Top 100 HECM Lenders Report
Here is the latest endorsement data for endorsements recorded in August.
Continue readingPrice is a Question in the Absence of Value
One of the common objections to a HECM is the cost. This week we examine when upfront costs are an issue, why, and how to build value that eclipses such concerns.
Continue readingInheriting a House Is More Expensive Than People Think
When you encounter homeowners who plan on leaving their home to their children you may want to refer to the points made in a recent Lifehacker column.
Continue readingThe Origins of Labor Day
Here’s how many days we typically have on this earth and more importantly a new perspective on how we spend our time…
Continue readingWould You Say ‘Yes’ If They Did This?!
Do you want to close more loans and be seen as someone providing a solution instead of selling a loan? Then you’ll want to read this week’s post.
Continue readingHow Fact-Finding Can Expose Impending Retirement Disasters
Reverse mortgage professionals don’t live in an economic vacuum. The same financial pressures you’re grappling with are being faced by retirees and the older homeowners you meet with Here’s how to uncover the financial pain retirees face.
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