Ken Keranen's (kennyarnold) Blog

I got a call yesterday from a senior, age 80, who has decided to sell his home in the desert and move back to the coast.  Because I'm a Reverse Mortgage for Home Purchase Specialist, a local Prudential CA agent had referred him to me. I am going to be able to work with the agent and help this cli...

This inexpensive "Senior Friendly Home" is now available in the wonderful North San Diego County 55+ Peacock Hills It is a simply a great community for seniors. If you are 62 years of age or older, you can purchase this home without having to pay all cash and still avoid making any payments. I've...

There is a new tool for your computer or cell phone that calculates the approximate down payment a senior (62 or older) would make in order to purchase a home at any value.  There are a number of Reverse Mortgage Calculators on the web, but few, if any, actually calculate the estimated cash that ...

HUD's Mortgagee Letter 2009-19 covering the Condominium Approval Process clearly states in Section XIII. that all projects must be recertified after 2 years.  The cut off date for those now on the approved list can be found at https://entp.hud.gov/idapp/html/condlook.cfm.  The date when the vast ...

I've been asked to cite sites where the best information can be found regarding Reverse Mortgages especially the Reverse Mortgage for Home Purchase Program.  Here's a pretty good place to start: http://www.hud.gov/offices/hsg/sfh/hecm/hecmabou.cfm This site offers a decent explanation of the prog...

Working with seniors who are interested in purchasing a retirement home using a Reverse Mortage is a challenge! They begin by thinking that this sounds "too good to be true" and need to be convinced that it does work and that it is guaranteed by the Government. As a Reverse Mortgage specialist, I...

This "Senior Friendly Home" with great views and a huge front and back yard is now available. For someone wishing to move into this wonderful part of San Diego County, you could not find a better value. Rancho Bernardo is simply a great community for seniors! If you are 62 years of age or older,...

This inexpensive "Senior Friendly Home" is now available for someone wishing to move into this wonderful part of North  San Diego County. Peacock Hills is a great community for seniors. If you are 62 years of age or older, you can purchase this home without having to pay all cash and still avoid ...

This "Senior Friendly Home" is now available for someone wishing to move into this wonderful part of North County San Diego.  Lake San Marcos is a great community for seniors. If you are 62 years of age or older, you can buy purchase this home without having to pay all cash and still avoid makin...

This "Senior Friendly Home" is now available for someone wishing to buy this completely remodeled home in beautiful La Mesa, CA.  If you are a senior (62 or older) you can buy the home without having to pay all cash and still avoid making any payments.  I've done the purchasing math for someone t...