Exclusive Interview with Dan Harder of 1st Reverse Mortgage USA Two weeks ago on this show, we explored the premise that traditional mortgage lenders may provide substantial and much-needed growth for the reverse mortgage industry. An idea that flies in the face of what was once accepted as conventional
Despite HECM changes & cutbacks, more seniors stand to benefit eliminating their mortgage payments To say that today’s retiree is not prepared to retire is an understatement. More American’s approaching retirement have little or no savings to fund their non-working years. Not surprising in light of fewer pensions, higher inflation
Yes, prior to 2010 originating reverse mortgages was less convoluted, confusing and restrictive but it was also no bed of roses either. Just a few things to consider to give us perspective.