ARCHIVED BLOG POSTS
2014
Consider Every Retirement Planning Option…Including a Reverse Mortgage A reverse mortgage, or home equity conversion mortgage, is a helpful alternative to many seniors, who may need the funds immediately, or are hoping to leverage the home equity they have acquired during their working years to f...
04/30/2014
HELOC Payments are Going from Interest Only to Fully Amortized This time it's not about the recovering housing market but about making sure borrowers who took out home equity lines of credit during the boom will be able to make their monthly payments once their loans reach the ten year mark. Many...
04/29/2014
6
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Who Should Get a Reverse Mortgage and "Why?" I find clients often worry about their heirs whenever they decide to move forward with a reverse mortgage, either because they wished to leave their home to their children or grandchildren or hoped that their children will be able to sell the home upon...
04/22/2014
0
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Home Equity Lines of Credit Are Ballooning Home Equity Lines of Credit may cause a new problem for banks as many reach their 10 year anniversary. This means many borrowers willl have to start paying their principal balance on these loans on top of the interest payments they've been paying for the...
04/04/2014
Rainmaker
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Phil Stevenson, CRMP
"Mortgage Nerd" in Miami, Florida and Texas
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Mortgage / Finance
about 4 years ago
Mortgage / Finance
over 4 years ago
Mortgage / Finance
over 4 years ago