Reverse Mortgage Loan Advisors was created to serve as an info portal about Reverse Loans. Our intent is to give you the truth. Yes, this product is not for everybody. We’ll of course highlight the great part of this program, but we’ll also make note of the not so perfect part of Reverse Mortgage Loans.
This program has evolved over the years. As a result, this reverse loan is now better than ever.
Due to some former short comings, there were a few key changes (the short version):
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HECM Loan Limits in 2021 have changed again. This new change in HECM Reverse Mortgage Loan Limits will surely help many older homeowners with higher loan balances and higher home values. The new 2021 HECM Loan Limit has increased to $822,375. What Exactly Does the Higher Loan Limit Mean in the Reverse World? Regular loan […]
Securing one’s financial future is among the most essential factors everyone must consider, because whether we like it or not, we would all enter retirement at some point in time. And, working long hours every day may not be an option anymore in the future. However, many are not financially prepared when they’re nearing or […]
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If you’ve ever worried about outliving your money, you might consider using a reverse mortgage as part of your retirement strategy. Contact us for your free reverse mortgage info kit
The landscape for reverse mortgages in 2020 is almost as good as it’s ever been. There’s new reverse mortgage products and interest rates are as low as ever
Reverse Mortgage Limits 2020 – HECM Loan Limits Increase for 2020 Reverse Mortgage 2020 is going to be awesome! FHA announced in Mortgagee Letter 2019-20 that they will be increasing the reverse mortgage lending limits for 2020. The HECM loan limits, aka HECM Max Claim Amount had hovered at $625,500 for years. However, this does […]
Are Reverse Mortgages Safe Anyone that’s ever considered a reverse mortgage, may have wondered, “ Are reverse mortgages safe “. Or, ” are reverse mortgages a good idea?”. Since a home is normally the biggest asset many Americans will ever have, that is actually a really GOOD question. That said, let’s dive in. What Are […]
Reverse Mortgage Line of Credit Explained – Yay or Nay? You may or may not have heard of a reverse mortgage line of credit. Either way, we aim to help you make an informed decision about the HECM line of credit and perhaps about reverse mortgages in general. The reverse mortgage line of credit is […]
Reverse Mortgage Defined Complete With HUD Reverse Mortgage FAQ The Reverse Mortgage program is often misunderstood due to many of the reverse mortgage misconceptions and myths about the program. Our HUD Reverse Mortgage FAQ will help answer questions, dispel myths, and hopefully help you decide if a reverse mortgage is right for you or your […]
Free Reverse Mortgage Information Kit Are you 60 years old or older? Perhaps you are wondering if a reverse mortgage is right for you. If so, get your free reverse mortgage information kit. In A Nutshell, What Is A Reverse Mortgage? A reverse mortgage is a special type of loan reserved for homeowners that are […]