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 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.
Continue readingThe Shocking True Cost of Homeownership
Do you know how much the typical homeowner has sunk into their home? What is the total cost of homeownership for the older homeowners you meet with?
Continue readingHomeowners Insurance: The New Mortgage Payment for Retirees
Homeowners insurance premiums are quickly becoming the new mortgage payment for many retirees. Here’s why.
Continue readingIs it a Trap to Retire with a Mortgage?
44% of Americans 62 and older are still making a mortgage payment. Is retiring with a mortgage a trap? Here’s what the experts say…
Continue readingHow to Effectively Engage Financial Advisors
How can reverse mortgage professionals more effectively engage with financial professionals? Our special guest shares strategies and one one tool that may help.
Continue readingSince 2010 Social Security Benefits Have Lost 20% Buying Power
How have Social Security benefits kept up with inflation? With 97 percent of older adults (aged 60 to 89) either receiving Social Security or will it’s imperative to measure the impacts of inflation against Cost of Living Adjustments
Continue readingHere’s Why Few Financial Advisors Look to Housing Wealth
This may be why so many advisors ignore what is most often their client’s largest asset.
Continue readingWhy the Federal Government Isn’t Promoting HECMs.
Why doesn’t the federal government promote the Home Equity Conversion Mortgage”? Since the program was created partly to help reduce dependence on assistance programs like Medicaid shouldn’t they promote this FHA-insured loan more aggressively?
Continue readingThe Retirement Double-Whammy
Here are two forces that will squeeze retirees retirement savings pushing many to return to work or look to other assets…
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