hoover Archives | Reverse Mortgage Alabama

Seniors looking to supplement their income may be able to tap their home equity to supplement their lifestyle or ease financial worries during retirement Pros & cons of tapping home equity Traditionally, seniors don’t tap into their home equity for retirement income. “I believe many people in their 70s and 80s look at it as…

What Seniors Should Know About FHA Reverse Mortgages FOX News — Casey Dowd Forget downsizing or migrating to warmer weather, an overwhelming number (83 percent) of pre retirees and retirees today say they want to remain in their homes for as long as possible, according to a new survey from The American College of Financial…

Retirement question. CNBC Make It. money. 84% of Americans cant answer this basic money question about retirement. Retirement doesn’t seem to be on the minds of many Americans To see just how much the people know when it comes to financially preparing for their later years, Fidelity Investments conducted a retirement IQ test. The results were…

New Consumer Tools. Reverse Mortgage Alabama. Reverse Mortgage Industry Promotes Transparency with New Consumer Tools Free Consumer Guides Now Available for Download from www.reversemortgage.org. The National Reverse Mortgage Lenders Association //www.nrmlaonline.org/ WASHINGTON, Feb. 7, 2017 /PRNewswire-USNewswire/ — The National Reverse Mortgage Lenders Association today announced the availability of three new resources for senior homeowners who…

Downsizing. Reverse Mortgage Alabama. I have found that most every client had plans to downsize, but even with the Reverse Mortgage purchase; which allows you to take the money from selling your last home, and use a Reverse Mortgage to purchase a new home, most people eventually decide they dont want to move…. Either too…

House pays for care. Reverse Mortgage Alabama. Using the House to Pay for Grandma. Dent Research Team of Analysts. This is a problem I have worked with adult children for years to provide in home care for parents, but it seems more and more common. Personally my generation is called “The Sandwich Generation” so I…