According to a recent Harvard study, debt among seniors has never been higher. In 2016, nearly half of all seniors were carrying a mortgage, and more seniors are filing for bankruptcy than ever before, increasing 500% since 1991. Having a mortgage while retired can quickly gobble up all of your retirement savings or fixed income. […]
Are you one of the estimated five million Americans 62 years and older who have a HELOC (Home Equity Line of Credit) as either your first lien or second mortgage? Many home owners have been paying interest only and are nearing the time for their HELOC to reset with a higher payment. On a fixed […]
Silver Leaf Mortgage, Colorado’s #1 Reverse Mortgage Broker, has helped hundreds of clients with home repairs over the past four years through charitable work and grants. The senior home repair program has been life changing for many seniors. Silver Leaf Mortgage, through The Forever Home Foundation, offers seniors a variety of programs including no-interest-rate and […]
