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Reverse Mortgage Blog

The Expensive Premiums for Homeowners Insurance

April 12, 2024
If you live in California and own a home, you may have found your Homeowners Insurance has been cancelled by the carrier. What can you do?

HUD Counseling for Reverse Mortgages

January 31, 2024
Why are potential reverse loan borrowers required to do HUD Counseling?

What Would Be Good Gifts for Seniors During the Holidays?

December 15, 2023
It can be difficult to find a gift for an older adult who may already have everything the need or want. Here are some suggestions.

HUD Lending Limit Will Increase in 2024

November 30, 2023
What is the HUD Lending Limit and how does it effect Reverse Mortgages?

Right Sizing

November 27, 2023
More older homeowners are selling their large homes and moving into properties that fit their lifestyles

The Hidden Costs that Older Homeowners are Facing: Medical Bills or Home Repairs and Maintenance?

October 11, 2023
How can an older homeowner pay for repairs to their home, medical bills or other expenses?

Expensive Home Maintainence and Repairs

September 26, 2023
Home repairs are sometimes very expensive and too often happen when we don't have money to pay for them.

Adjustable Rate Mortgages

August 31, 2023
Interests rates are increasing on ARM's.

Are Reverse Loans a Safe Mortgage?

June 30, 2023
How safe are these loans?

High Priced Utilities

March 7, 2023
The cost of home heating as been extremely expensive, and makes it difficult for seniors to pay their bill.

Reverse Loans and Income

October 28, 2022
We are in the midst of high inflation, everything is much more expensive. How do older adults cope with it?

Adjustable Rate Loans

October 3, 2022
Interest rates for mortgages are increasing, and if you have one, your payment will be increased, too.

Is It Too Late to Get a Reverse Loan?

August 30, 2022
Mortgage interest rates have increased, but so have home values for refinancing.

Why Apply for a Reverse Loan

August 23, 2022
Why should anyone consider appying for a reverse loan? There are any number of reasons, but is it worth it?

What is an E-Bike

August 10, 2022
E-Bikes are popular with many, but especially older adults

Returning to Employment

August 9, 2022
Some older adults are returning to work because they can't afford not to.


August 4, 2022
Home foreclosures could increase in the coming months

Inflation and Older Adults

July 26, 2022
How are older Americans coping with inflation?

Are Reverse Loans Safe?

March 10, 2022
There are some who believe reverse loans aren't a safe mortgage, but is that true?

How to Refinance a Reverse Loan

June 30, 2021
Is it possible to refinance a reverse mortgage and reduce an interest rate and receive more of a home's equity?

Reverse Mortgage Loan Application

February 19, 2021
How does someone apply for a reverse loan and what is the application and process like?

New HUD Lending Limits

January 27, 2021
The increase in the Lending Limits for reverse mortgages, means more money for a Senior borrower.

Fixed or Adjustable Interest Rates

November 11, 2020
Reveres loan offer both Fixed and ARM Loans

Seniors and Natural Disasters

September 16, 2020
The pandemic and wildfires effect everyone, but especially seniors. How can they be prepared for them and what can they do?

How to Buy a Home With a Reverse Mortgage

August 28, 2020
Many seniors are using money from a reverse mortgage to buy a home. How do they start?

Reverse Loan Foreclosures

July 31, 2020
Can a reverse loan be foreclosed upon? How could something like that possibly happen?

Senior Homeowners

July 1, 2020
The amount of equity seniors retain in their homes, is over $ 7 trillion dollars

Running out of Money?

June 3, 2020
Many seniors are very concerned about how much money they have to pay bills and now during the Covid-19 crisis, there is an additional layer of fear.

Seniors and Covid-19 Virus and Money

April 3, 2020
Many seniors have seen their life savings vanish in the last month due to the Corona virus.

California Reverse Mortgages

February 21, 2020
California has some of the most expensive property in the country and sometimes the FHA HECM does not provide enough access to a senior's equity. What other options would they have?

Reverse Loan Money Options

January 21, 2020
Unlike a traditional Line-of-Credit funds, a Reverse Mortgage allows seniors three options when requesting money from their account

Confused About Reverse Mortgages

January 7, 2020
If you are confused about reverse loans, you aren't alone. Even professionals don't understand them.

More Money in Reverse Loans

December 12, 2019
HUD recently increased the Lending Limits on the FHA reverse mortgage.

FHA Approved Condos

November 8, 2019
Seniors quite often live in a Condo, but if the project isn't approved with FHA, they will not qualify for a reverse loan.

What does "Maximum Claim Amount Mean"?

October 1, 2019
How is the amount of money a senior receives from a reverse loan calculated?

Condos and Reverse Loans

August 27, 2019
Effective October 15th. it will now be possible to use an FHA loan in all Condominuim projects, effectively allowing seniors to use a reverse mortgage for increased cash flow.

No Costs Reverse Loans

August 2, 2019
Is it possible to get a reverse mortgage without paying fees?

How is the Money for a Reverse Loan Calculated

July 11, 2019
No one other that those of us in the Reverse Loan industry understand how the loan is calculated. Just how is it done?

What is MIP?

June 4, 2019
All FHA loans are insured by the federal government and that includes reverse loans as well.

Income from Social Security

May 23, 2019
Is it possible to live on Social Security or is that unlikely?

Are You Waiting?

May 23, 2019
Sometimes when faced making a decision, we vacilate, stall, "put-it-off" and in the end, there is a cost to us,.

How Expensive Are Caregivers

May 7, 2019
The costs associated with hiring a professional Caregiver can be very expensive.

Why use a reverse mortgage loan?

April 23, 2019
There are many reasons why seniors would consider using a reverse mortgage to increase their cash flow.

Fees for a Reverse Loan

April 17, 2019
Are reverse loans expensive compared to a traditional mortgage?

How to Pay for Caregiving Expenses

April 10, 2019
More often than not, seniors and their adult children cannot afford to pay for professional caregivers.

Are Reverse Loans a Scam?

April 4, 2019
Some people think they are terrible and others feel that they are great!

Reasons for Using a Reverse Mortgage

March 20, 2019
There are many reasons for seniors using a reverse loan

Power of Attorney

March 2, 2019
This legal document is needed in the event you are unable to legally represent yourself if you can no longer do so.

Social Security and Life

February 20, 2019
Funds to seniors were increased in 2019.

Documentation for a Reverse Loan

February 14, 2019
What a Borrower Needs to Provide at Loan Applcation
About my blog
I have been sharing information on my personal blog for over 20 years about reverse loans and in the last 21 years since I have been a Reverse Loan Consultant, I have experienced multiple changes in t...
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