Life Expectancy

Life Expectancy. Reverse Mortgage Alabama brings you this article from in which the Huffington Post and Jack Gutentag Explores Role of Life Expectancy in Reverse Mortgages. In a post from reverse mortgage expert Jack Guttentag, the Huffington Post explores an interesting twist to a potential Home Equity Conversion Mortgage borrower’s mental calculus — the knowledge…

Borrower Divide. Reverse Mortgage Alabama brings you news titled “A Reverse Mortgage Divide Grows As Borrower Motives Change” by Alex Spanko As financial planners and scholars increasingly advise certain borrowers to take out Home Equity Conversion Mortgages as early as possible as part of their retirement plans, some loan originators are noticing increased interest for…

Even with Reverse Mortgage. Reverse Mortgage Alabama. Study: Even With Reverse Mortgages, Many Unprepared for Retirement by Alex Spanko A new study shows that about 20% of U.S. households overestimate their level of retirement comfort and more than half may not be able to maintain their standard of living — even when factoring in the…

New Look. Reverse Mortgage Alabama. Time to take a new look at reverse mortgages. Alain Valles, CRMP FiftyPlusAdvocate.com. Since 1987, reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs), have been a viable option for hundreds of thousands of qualified homeowners aged 62 and older. Over the past several years there have been many…

Relocation Leap. Reverse Mortgage Alabama brings you a great news piece for CNBC.com on Retirees should look carefully before leaping into a relocation by Deborah Nason CNBC.com @dnason CNBC.com Many people dream of fleeing to cheaper and warmer climates in their retirement. Advisors caution, however, to watch for unexpected financial and non-financial consequences. Taxes. The…

India’s Reverse Mortgage. Reverse Mortgage Alabama brings you news from India’s economic times, where they also have a different type of Reverse Mortgages. Should you reverse mortgage your home in wake of fall in interest rates? Find out There was a lot of expectation when reverse mortgage, a scheme that allows people aged 60 and…

Boomers Increased security. Colorado Newspaper. Reverse Mortgage – Increased Security By Jim Doyle A reverse mortgage can be a very effective tool for baby boomers to maintain a secure position during retirement. More and more, financial advisors are seeing the benefit of a reverse mortgage line of credit that will grow annually, and serve as…

Reverse Mortgage Age limit. Reverse Mortgage Alabama. Are you ever too old for a reverse mortgage loan? By Marcie Geffner • Mortgage. Bankrate.com The minimum age for homeowners to take out a reverse mortgage loan is 62. But what about the maximum age? Is anyone ever too old for this type of home loan? How…

Realtors and Reverse. Reverse Mortgage Alabama. Realtor Panel Presents “Power” of Reverse Mortgage for Purchase. Most realtors have tried this once and had a bad experience, we close in 30 days. Or haven’t realized that they can give their client more buying power and usually leave the client more money to use in retirement. The…

Ready to retire. Reerse Mortgage Alabama. TIME MONEY RETIREMENT INCOME. Ready to Retire? Better Ask Yourself These 3 Questions First? by Walter Updegrave When researchers for a recent IPSOS/USA Today survey asked 45-to-65-year olds how prepared they felt for retirement, 59% responded that they felt very or somewhat prepared. The same percentage said they expected…