Reverse Mortgages and Senior Living!
Here is an article in Financial Advisor Magazine entitled Evensky: New Choice May Preserve Portfolios, Lower Cash Reserve Needs By Karen DeMasters. The HECM saver and your portfolio. Enjoy! A new type of reverse mortgage may be one key to enabling retirees to preserve portfolios and keep less cash in reserve, says Harold Evensky, a financial [...]
Here is video 3 in my series on Reverse Mortgages. The Home Equity Conversion Mortgage (HECM) Reverse Mortgage by Phil Goss, Certified Reverse Mortgage Professional. Southern California Reverse Mortgage Professional.
What is a reverse mortgage? By Phil Goss, Certified Reverse Mortgage Professional Phil is a CRMP, NMLS#162804 and has been in the industry for 16 years and in finance since 1971. He has been able to help 600 plus families with a revere mortgage and to “Age in Place”. This is the second of a [...]
Who is Phil Goss, Certified Reverse Mortgage Professional? Phil is a CRMP, NMLS#162804 and has been in the industry for 16 years and in finance since 1971. He has been able to help 600 plus families with a revere mortgage and to “Age in Place”. This is the first of a series of videos on [...]
Found this article on the use of a credit line in a reverse mortgage. If you any questions please let me know. Enjoy! February 27th, 2012 | by Elizabeth Ecker Published in News, Reverse Mortgage Two researchers proved through analysis published in February that a reverse mortgage credit line can lead to “substantially greater cash flow survival probabilities” [...]
It is a privilege to share my reverse mortgage knowledge with you and as a dedicated Reverse Mortgage Professional. It is my goal to provide the highest quality service you expect and deserve. Understanding that there are many lenders looking for your business, I would like to share the top ten questions you should consider asking [...]
The Basics To qualify for a reverse mortgage you must be at least 62 years old and have substantial equity in your home. You can access your funds as a lump sum, monthly income, a credit line, or a combination of these. Use your money any way you like to enjoy paying down your debt, [...]