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Reverse Mortgage Basics
A reverse mortgage is a loan that allows homeowners over the age of 62 to access the equity they’ve built ... Read More »
Reverse Mortgage Information
If you are here to learn about reverse mortgages – we can help. Call us now and ask for Steve. He ... Read More »
Reverse Mortgage Industry News
- Tips for Helping Financially, Emotionally Distressed Reverse Mortgage BorrowersOne of the advantages of a reverse mortgage product is the versatility with which it can be employed by a borrower. While the product can often be used to help ease the financial situation of a needs-based borrower who is house rich and cash poor, it can also be used by a pool of more […]
- Urban Institute: Share of Homeowners With a Mortgage Drops to 13-year LowThe share of homeowners who maintain a traditional forward mortgage is at 62.9 percent, accounting for the lowest level of such homeowners since at least 2005. This is in spite of the fact that the household-owned value of the housing market in the United States is at a record high of $26.12 trillion, and that […]
- Industry Veteran: Resilience, Evolution Needed for Reverse Mortgage SuccessNot many people in the reverse mortgage industry today can say that they’ve been in the business for a quarter-century without a name change. One company that can lay claim to this is Novato, Calif.-based Bay Docs, LLC and its founder, president and CEO Megen Lawler. That’s not to say that the entirety of the […]