Category Archives: Retiree

VA Mortgage Loans

VA MORTGAGES Did you know that you could purchase a home or refinance your current loan with a VA loan?? You can get 100% financing. There are county limits that determine the VA’s maximum guaranty amount for a loan. Generally, you … Continue reading

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Another Day … Another Dollar

  Life is expensive. Food, Utilities, Movies, Clothes, Medical, Insurance,  Housing, etc. Either refinancing or a reverse mortgage can free up some of the cash from your “money tree”.   Many of us have lots of equity in our home. … Continue reading

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REVERSE MORTGAGES – Strategies for using a Reverse Mortgage

SUPPLEMENTAL INCOME STRATEGY THEORY Obtaining a conversion mortgage will allow a borrower to draw consistent supplemental income from their home equity through a monthly (tenure or term) payment stream. This has the benefit of taking pressure off the borrower’s retirement … Continue reading

Posted in Equity, Home Financing, Mortgage Rates, Mortgages, Rates, Real Estate, Real Estate Mortgages, Retiree, Retirement, Reverse Mortgage, Reverse Mortgagee, Reverse Mortgages, Spirituality | Tagged , , , , , , | Leave a comment