Legacyreversemortgage.com

The world of finance is full of twists, turns, and complex terminology. Like other types of loans and retirement tools, the reverse mortgage is an intricate arrangement with many nuances. Deciding to get a reverse mortgage is a big decision and will...

It was last April, right after the release of President Obama’s 2014 budget, when Assistant Housing Secretary Carol Galante was quoted as saying… “The President’s budget projects that FHA may need a $943 million credit from...

In the world of lending products, reverse mortgages are just one of many resources available to consumers. Unlike conventional mortgages, reverse mortgages allow people to receive money from their property’s accumulated equity. Instead of making a payment...

Used wisely, getting a reverse mortgage early in retirement can result in getting more out of both the reverse mortgage and your investments at the same time. If used strategically, reverse mortgages can be valuable financial planning tools to help...

The federal government has clamped down on reverse mortgages, issuing a new set of rules that make some loan amounts smaller, fees higher, and drawdowns less flexible What will the changes mean from a retirement-planning perspective? We’ll get...