How Reverse Mortgages Can Help Seniors Age In Place, Part 2 Whether an older person is considering housing alternatives in the near term, or planning ahead with an eye on possible future needs, it makes good marketing sense for reverse mortgage professionals to become familiar with the range of senior
By Amara Rose Aging in place. It’s a relatively new term for a very old concept: remaining in your own home as you grow older. Once upon a time, this wasn’t an issue.
[vimeo id=”24023980″ width=”601″ height=”338″] Seniors Staying In Their Homes More seniors are staying in their homes due to the economy. Also, the Consumer Protection Bereau releases a combination of GFE and Truth and Lightning Disclosures. See the new disclosures at the links below:New Disclosures
Home Values, Loan Amounts, and Seniors Home values, loan amounts, and the way seniors use home equity conversion mortgages impact the Federal Housing Administration’s potential liability for its reverse mortgage program, recent studies show. If the Department of Housing and Urban Development had used the same home appreciation models for
As more seniors tap into their home equity to deal with the growing uncertainties of retirement, a report released by the MetLife Mature Market Institute calls for a comprehensive approach to educate and protect seniors on how to use home equity for financial planning. Approximately 14% of seniors are taking