Are Reverse Mortgages a Good Deal?

What a Reverse Mortgage and a Legendary Airplane Have in Common

In early 1942, the United States was at war with Japan. Lt. Colonel James “Jimmy” Doolittle had been given the responsibility of planning a raid to strike back at Japan for the Pearl Harbor attack. The bombing raid wasn’t expected to do a lot of physical damage, but it would boost American morale and strike … Read More >>

How the Smiths Used the HECM Reverse Mortgage

What Does the Ideal HECM Reverse Mortgage Candidate Look Like?

The HECM reverse mortgage is a fantastic home loan product. Though it can benefit seniors with a variety of financial goals and needs, what does the ideal reverse mortgage candidate look like? Who is the program most ideally suited for? I’ve helped hundreds of seniors get reverse mortgages over the years. Though a reverse mortgage … Read More >>

The Reverse Mortgage Revealed

Available June 1, 2020: The Reverse Mortgage Revealed

The reverse mortgage is a fantastic financial tool, but it’s not perfect for everybody. Is it right (or wrong) for you? Author Mike Roberts is the founder of MyHECM.com and a successful veteran of the reverse mortgage industry. Writing in plain language, Roberts cuts through all the nonsense, rumors, and hype you may have heard … Read More >>

EIR and PLF Changes Since January

The Two Benefits of Falling Interest Rates That May Surprise Reverse Mortgage Borrowers

It’s a crazy world out there right now. Entire nations locked down, people confined to their homes, the stock market crashing (then rebounding), businesses shut down, and unemployment rising. If there’s one silver lining in all of the craziness, it’s falling mortgage rates. According to the Freddie Mac Primary Mortgage Market Survey, average 30-year fixed … Read More >>