Kathy Muni Archives

  • 24
  • Mar2020
Coronavirus Panic Puts a Hit on Your Retirement Wealth

Coronavirus Panic Puts a Hit on Your Retirement Wealth

With the novel coronavirus COVID-19 becoming a pandemic and changing life as we know it in the US, stock markets globally have lost trillions of dollars of value in the past month. Now, not only do we have to protect our health, but we also have to protect our wealth.  At times of severe market […]

read more

  • 06
  • Mar2020
No Monthly Payment! Get Cash! Pay Off Your Mortgage!

No Monthly Payment! Get Cash! Pay Off Your Mortgage!

Being retired should be some of the best years of your life. Yet, so many on a fixed monthly income find themselves struggling to make ends meet… choosing between paying their mortgage, monthly bills or groceries. If you find yourself in a similar situation, a Home Equity Conversion Mortgage (HECM) may be the answer you […]

read more

  • 28
  • Feb2020
Funding Longevity is Hard. There is a Solution!

Funding Longevity is Hard. There is a Solution!

According to a recent survey of seniors, 80% were concerned about their ability to age-in-place due to the cost. Sixty percent have less than $10,000 in savings (including investments and retirement plans), and debt among seniors has never been higher. Nearly half of homeowners ages 65–79 carry a mortgage. In addition, seniors are living longer […]

read more

  • 21
  • Feb2020
Low Interest Rates Means More Money for Retirement

Low Interest Rates Means More Money for Retirement

When the Federal Reserve lowers interest rates, it provides an exciting opportunity for those looking to buy real estate. But what about seniors who are happy in their homes—can lower rates help them?  Refinancing or getting a home loan as a senior can be difficult, especially if you’re on a fixed income. The good news […]

read more

  • 16
  • Jan2020
Care for Your Home So It Can Provide for You

Care for Your Home So It Can Provide for You

If you are on a fixed income, it is common to defer home maintenance, due to cost. Sometimes delaying that basic care can end up costing more the longer you wait.

read more

  • 07
  • Jan2020
Seniors: Update Your Home and Improve Your Life

Seniors: Update Your Home and Improve Your Life

It is so common for seniors to delay home maintenance as they get further into retirement. It is natural, when you’re on a fixed income. Costs can be out of reach, the process can be overwhelming, and finding a contractor you can trust can be daunting. Silver Leaf Mortgage, Colorado’s #1 Reverse Mortgage Broker, has […]

read more

  • 03
  • Jan2020
New Year + Improved Home = New You!

New Year + Improved Home = New You!

Happy New Year! Each new year gives us the opportunity to reflect on the previous year, and see if there are ways we can improve things for the coming year. One area that often gets neglected in retirement is home maintenence. Despite having more time, it’s natural: it can be expensive, the process can be […]

read more

  • 28
  • Nov2019
Don’t Let Your Mortgage Payment Gobble Up Your Retirement Savings

Don’t Let Your Mortgage Payment Gobble Up Your Retirement Savings

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. […]

read more

  • 06
  • Nov2019
Get up to $15,000 Upfront for Home Repairs

Get up to $15,000 Upfront for Home Repairs

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 […]

read more

  • 31
  • Oct2019
Reverse Mortgage—Trick or Treat?

Reverse Mortgage—Trick or Treat?

Some people are convinced that a reverse mortgage is a trick—at first. And there are some historical reasons for that belief. Reverse mortgages have been around since the 1980s. Years ago, some questionable lenders failed to disclose that you are required to pay homeowners insurance and property taxes (which are paid through an escrow account […]

read more