A financial professional tells seniors about methods for tapping into a home’s equity to fund retirement, and when making the choice would make sense in a new column at the Washington Post.
A mortgage lender which offers both forward and reverse products has been named a top workplace in the Washington, D.C. area by the Washington Post.
A recent story published in the Washington Post and authored by syndicated columnist Ilyce Glink and Samuel J. Tamkin compiled testimonials from potential reverse mortgage customers, highlighting the issues facing reverse mortgage education and the industry’s apparent reliance on refinances in this new commentary from RMD’s editor.
A new advice column from the Washington Post advises cash-strapped seniors who have written in that a reverse mortgage may be worth consideration, with some caveats.
An advice column in the Washington Post tackles the topic of reverse mortgages, advising that all costs should be considered before deciding what to do with your home equity in retirement.
One of the strongest arguments that anyone can make about the potential assistance a reverse mortgage loan can provide to a senior is in discussing how the loan proceeds can be used to help that older person age in place. Remaining in the home has taken on an increased level of importance recently due to […]
For a senior struggling with their home due to their mortgage being “underwater” — defined as the mortgage balance on a home exceeding its fair market value — a reverse mortgage could present a potentially viable option to unlock a home’s equity compared with other available options. This is according to reporters Ilyce Glink and […]
In light of the COVID-19 pandemic’s tightening, continued grip on the United States, some of the nation’s most prominent mainstream news outlets have turned their attention to the reverse mortgage product concept as Americans continue to seek financial relief after enduring the economic shock that the pandemic has caused. Because of the newfound financial stress […]
As the economic impact of the COVID-19 coronavirus pandemic continues to intensify as time goes on, the ability for Americans to access the equity in their homes has only gotten more complicated and even problematic. This is according to housing experts and data analysis appearing this week in the Washington Post. While as many as […]
Reverse mortgages can be viable options for older Americans who are looking to borrow money for an abundance of reasons, and should be considered based on their own merits. Still, prospective borrowers should be aware of any potential cons that reverse mortgages may have, including high upfront costs and the critical necessity of being able […]