BREAKING: Exclusive interview with Martin Andelman

Shannon Hicks
 Media pundits tout HELOCs- a bad idea? The impact of the coronavirus on home values This week we had the chance to connect with Martin Andelman for his perspectives on the use of HELOCs by older homeowners, how the coronavirus will impact the housing market, and other financial matters.

The HELOC to HECM Dilemma

Shannon Hicks
With the recent release of HUD’s Financial Assessment guidelines our focus was primarily centered on the new requirements future borrowers will have to walk through to qualify for a federally-insured reverse mortgage or Home Equity Conversion Mortgage...

Reducing HELOC Risks

Shannon Hicks
HELOCs have begun to resurge in the mortgage market as home values have nearly recovered from their pre-crash values and today’s artificially low interest rates. While banks make these loans attractive to the average consumer what is often overlooked or not expressly pointed out are the risks and limitations.

HECMWorld.com uses cookies to improve user-experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Cookies View Policy

Subscribe To Our Newsletter
Be the first to get latest Reverse Industry updates and exclusive HECMWorld.com content straight to your email inbox.
Your information will never be shared.