Data shows older adults more likely to be denied mortgage loans Older people are denied mortgages loans at a higher rate while younger borrowers have higher HECM rejection rates: NYT Older adults tend to have higher credit ratings than any other age group in the nation. However, older Americans are also more likely to be […]
Home Rich | Cash Poor
What To Do If You’re Home Rich And Cash Poor. A story I found from Forbes magazine today. What To Do If You’re Home Rich And Cash Poor. A story I found from Forbes magazine today. Your credit score is a big factor for most programs that allow you to draw some of the equity […]
Realizing Peoples Needs
Realizing Peoples Needs. I found this in the Chicago Tribune. Written by Benny L. Kass. Benny is known for badmouthing Reverse Mortgages until now…….. Q: We need money to pay for some personal matters. We are both 65 years old and have a small mortgage on our house but have plenty of equity. We are […]
