Billy (67) and Denise (68) got hit hard during the recession. They lost a significant portion of their retirement money and were worried about the rest of their retirement years. They needed a way to increase their monthly cash flow […]Read More
I originally met with Tim (not his real name), age 64, in late 2015. He was curious about reverse mortgages; how they worked and if they might work for his situation. Tim was self-employed and wanted to start working less, […]Read More
I thought I would mix things up a little bit this month and provide some interesting statistics and facts around the reverse mortgages, senior housing and retirement.
The HECM program (home equity conversion mortgage aka reverse mortgage) was voted into existence […]