It’s common for retirees seeking to secure their financial future to encounter these three retirement threats. Here’s how a HECM (Home Equity Conversion Mortgage) could help solve these common retirement problems.
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HELOC loans surged 41% from Q2 2021- Q2 2022. Can a home equity line of credit compete with a reverse mortgage?
Continue readingHELOCs 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.
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