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Does the VA Offer Reverse Mortgages?

Does the VA Offer Reverse Mortgages?

If you are a veteran and looking for ways to tap your equity in retirement, you may be wondering about the possibility of using a reverse mortgage. Is a reverse mortgage right for you and does the VA offer them? What is a Reverse Mortgage? A reverse mor

Aug 15, 2023 | VA Loans Reverse Mortgage

How Are Monthly Payments Calculated On A Reverse Mortgage Calculator?

How Are Monthly Payments Calculated On A Reverse Mortgage Calculator?

Assume you're a senior thinking about taking out a reverse mortgage loan to access the equity in your home. In that case, you're likely to have a lot of questions, especially if this is your first time considering this option. It stands to reason, given t

Oct 22, 2022 | Reverse Mortgage

Reverse Mortgage Age Requirement: How Old You Have To Be To Get Reverse Mortgage Loan

Reverse Mortgage Age Requirement: How Old You Have To Be To Get Reverse Mortgage Loan

A reverse mortgage is an excellent way to use the equity in your home to supplement your income, set up a "rainy day fund," or achieve a variety of other financial goals. These products are designed for seniors who have paid off the majority of their mort

Oct 21, 2022 | Reverse Mortgage Home Equity

How A Reverse Mortgage Can Improve Cash Flow And Your Financial Plan

How A Reverse Mortgage Can Improve Cash Flow And Your Financial Plan

Improve Cash Flow And Your Financial Plan You might not have heard much about reverse mortgages outside of AARP or daytime tv commercials. They mostly fly under the radar for three main reasons; they're not heavily promoted, they suffer from social stigm

Oct 09, 2022 | Reverse Mortgage Financial Planning Retirement Cash Flow

Is A Reverse Mortgage a Good Way to Pay for Long-term Care?

Is A Reverse Mortgage a Good Way to Pay for Long-term Care?

According to a recent Genworth study, every day until 2030, 10,000 “Baby Boomers” will reach the age of 65. And another study found that seven out of ten seniors will require long-term care before the end of their lives. However, not everyone has the fina

Jul 21, 2022 | Reverse Mortgage

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