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6 Reasons to Avoid a Reverse Mortgage

5 Reasons to Avoid a Reverse Mortgage

There’s no question a HECM reverse mortgage is a fantastic financial tool that offers increased financial stability and freedom in retirement. However, it’s not the perfect solution for everybody; there are some situations where you may want to avoid a reverse mortgage. Before we dig into the reasons not to get a reverse mortgage, let’s first … Read More >

Financial Advisers (Thankfully) Grow More Aware of the Possible Benefits of a Reverse Mortgage

Financial advisors increasingly seeing the benefits of reverse mortgages.

I’m a strong believer in the reverse mortgage, so it’s always gratifying when financial professionals write positively about the program. Jerry Golden of Golden Retirement Advisors mentions reverse mortgages in a recent article on He highlights how many financial professionals unfortunately believe that reverse mortgages are all bad and should never be … Read More >

What Does HECM Stand For?

What Does HECM Stand For?

You’ve probably seen the television commercials with Henry Winkler or Tom Selleck, right?  So you might be asking, what does HECM stand for anyway? The acronym HECM (often pronounced heck-um by industry insiders) stands for home equity conversion mortgage, which is the most common reverse mortgage product available in the United States … Read More >